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Bjorn Borg AB (BORG.ST)

BORG.ST on Stockholm Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Bjorn Borg swings to small operating loss in Q2
1:30am EDT 

Aug 18 (Reuters) - Bjorn Borg :Bjorn Borg Q2 group's net sales increased by 10.4 percent to SEK 134.8 million (122.2).Bjorn Borg Q2 operating loss amounted to SEK 0.3 million, against a year-earlier profit of SEK 0.3 million.The gross profit margin was 52.1 percent (53.5).  Full Article

Bjorn Borg Q4 operating profit rises
Friday, 17 Feb 2017 01:30am EST 

Bjorn Borg Ab : Q4 gross profit margin was 48.0 percent (51.8) . Says board of directors has decided to propose to annual general meeting a distribution of SEK 2.00 (2.00) per share .Q4 operating profit amounted to SEK 21.4 million (14.6)..  Full Article

Björn Borg acquires benelux distributor Baseline
Thursday, 8 Dec 2016 02:30am EST 

Bjorn Borg : Says acquires benelux distributor Baseline . Says pays EUR 1.25 million for all shares and shareholders' loans in the Baseline Group over a three-year period . Says as part of the transaction, Björn Borg will also take over working capital financing from local banks of up to EUR 2.8 million, and the Group's interest bearing debt will increase with the corresponding amount . Says consolidating Baseline Group into the Björn Borg Group is estimated to increase annual net sales by approximately SEK 100 million without impact on the EBIT excluding short-term negative effects for 2017 . Says according to the share purchase agreement completion of the acquisition will take place on 2 January 2017 . Baseline Group has a total of 90 employees and a turnover in 2015 for the Björn Borg brand of approximately EUR 23.3 million with an EBIT of about EUR -0.7 million For the original story click here: http://bit.ly/2hmRok9 Further company coverage: [BORG.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Bjorn Borg swings to Q2 operating profit
Friday, 19 Aug 2016 01:35am EDT 

Bjorn Borg AB : Q2 operating profit amounted to SEK 0.3 million, against a year-earlier loss of SEK 1.7 million . Q2 gross profit margin was 53.5 percent (53.0) .Says we are performing well in all our markets except Norway, where sales remain weak.  Full Article

Bjorn Borg AB operating profit edges higher in Q1
Thursday, 19 May 2016 11:30am EDT 

Bjorn Borg AB : Q1 operating profit amounted to SEK 13.9 million vs year-ago 12.8 million . Q1 gross profit margin was 50.0 percent vs year-ago 53.6 percent .Q1 net sales increased by 21 percent to SEK 158.1 million.  Full Article

Bjorn Borg says acquires UK subsidiary
Monday, 16 May 2016 02:30am EDT 

Bjorn Borg AB : Says acquires UK subsidiary . Says has acquired the shares held by the minority shareholder of subsidiary Bjorn Borg UK Limited, representing 20 pct of total share For the original story click here: http://news.cision.com/bjorn-borg/r/bjorn-borg-acquires-uk-subsidiary-,c9774161 Further company coverage: [BORG.ST] (Stockholm Newsroom) ((stockholm.newsroom@thomsonreuters.com; +46 (0)8-700 10 10;)).  Full Article

Bjorn Borg proposes 2015 dividend of SEK 2.00/shr
Friday, 19 Feb 2016 01:30am EST 

Bjorn Borg AB:Board of directors has decided to propose distribution of 2.00 Swedish crowns (1.50) per share, totaling 50.3 million crowns (37.7).  Full Article