KappAhl Q3: Improved result and continued growth


+-----------------------------+--------+-----+------+-------+---------+-----
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|                             |Third                |Nine                    |
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|                             |quarter              |months                  |
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|                             |(March               |(Sept                   |
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|                             |–May)                |-May)                   |
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+-----------------------------+--------+-----+------+-------+---------+-----
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|                             |2012/201|2011/|Change|2012/20|2011/2012|Change|||
|                             |3       |2012 |      |13     |         |      |||
+-----------------------------+--------+-----+------+-------+---------+-----
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|Net sales, SEK million       |1 210   |1 146|64    |3 603  |3 458    |145
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|                             |        |     |      |       |         |
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+-----------------------------+--------+-----+------+-------+---------+-----
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|Operating profit excluding   |76      |46   |30    |145    |7        |138
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|non-recurring items, SEK     |        |     |      |       |         |
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|million                      |        |     |      |       |         |
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+-----------------------------+--------+-----+------+-------+---------+-----
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|Operating profit, SEK million|64      |29   |35    |209    |-93      |302
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+-----------------------------+--------+-----+------+-------+---------+-----
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|Gross profit margin, %       |61,2    |59,1 |2,1   |60,0   |56,5     |3,5
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+-----------------------------+--------+-----+------+-------+---------+-----
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|Operating margin excluding   |6,3     |4,0  |2,3   |4,0    |0,2      |3,8
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|non-recurring items, %       |        |     |      |       |         |
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+-----------------------------+--------+-----+------+-------+---------+-----
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|Profit after tax, SEK million|32      |-10  |42    |83     |-184     |267
||||
+-----------------------------+--------+-----+------+-------+---------+-----
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|Earnings per share, SEK (Note|0,43    |-1,46|1,89  |1,25   |-6,40    |7,65
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|1)                           |        |     |      |       |         |
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+-----------------------------+--------+-----+------+-------+---------+-----
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|Cash flow from operating     |191     |117  |74    |215    |180      |35
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|activities, SEK million      |        |     |      |       |         |
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  · Net sales increased by 5.6 per cent for the quarter. Of this, the increase
in comparable stores was 6.5 per cent.
  · The gross margin improved by 2.1 percentage points.
  · The equity/assets ratio increased to 47.6 per cent.
  · Improved operating profit for the fourth quarter in a row.

 "I am very pleased that KappAhl is reporting an improved result for the fourth
quarter in a row. We continue to show growth with improved margins and reduced
net debt…”

Johan Åberg, President and CEO. Read the CEO statement in the full report.

There will be a telephone conference and webcast for analysts, media and
investors today at 9.00. To participate in the conference call +46 8 5055 6477
about 5 minutes before the start. The telephone conference can also be followed
via a webcast at www.kappahl.com/presentations, where the webcast will also be
saved for later viewing.
For further information
Johan Åberg / President and CEO, tel. +46 706 09 99 73 Claes-Göran Starud
/Acting CFO, tel. +46 704 71 56 64

For pictures and other information
Charlotte Högberg/ Head of Public Relations, tel. +46 704 71 56 31,
charlotte.hogberg@kappahl.com

The information in this interim report is disclosed by KappAhl AB (publ)
pursuant to the Securities Market Act and/or the Financial Instruments Trading
Act. The information was submitted for publication on 28 June 2013 at 07.30.
KappAhl was established in 1953 and is a leading fashion chain soon with 400
stores and 4,500 employees in Sweden, Norway, Finland, Poland and the Czech
Republic. KappAhl sells value-for-money fashion with a wide appeal – to women,
men and children – and focuses in particular on women aged 30-50 with families.
All clothes are from our own designers. KappAhl was the first fashion chain to
achieve environmental certification in 1999. In the 2011/2012 financial year
KappAhl's net sales were SEK 4.6 billion.  KappAhl is listed on NASDAQ OMX
Stockholm. More information can be found at www.kappahl.com.

Pièces jointes

06270834.pdf