Klädbolaget RNB, Retail and Brands, reported a profit after tax of sek 10.4 million for the fourth quarter of the split financial year (5.9 million). Per share was the result 0:31 sek (0:17).
gross profit margin was 48.3% (47.8 million).
the Result before tax amounted to sek 10.4 million (5.9 million).
net Sales amounted to sek 555 million (564). Sales in comparable stores decreased by 3.7 per cent.
A dividend 0:25 sek per share proposed for the year 2016 (0:25).
RNB has a good potential to deliver clear improvements in profitability during the financial year 2016/2017, writes ceo Magnus Håkansson in the report for the fourth quarter of 2015/2016.
Brothers business developed, according to the ceo of the very positive developments in Departments & Stores is described as stable. The transition in the Polarn O. Pyret continues at a high pace, and with great effect, against the target image to clearly increase the profitability already in 2017 and taking full effect during the calendar year 2018.
Polarn O. Pyret business in Holland is in liquidation and the business in China has been shut down.
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