+-----------------------------+--------+-----+------+-------+---------+----- -++++ | |Third |Nine | || | |quarter |months | || | |(March |(Sept | || | |–May) |-May) | || +-----------------------------+--------+-----+------+-------+---------+----- -++++ | |2012/201|2011/|Change|2012/20|2011/2012|Change||| | |3 |2012 | |13 | | ||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Net sales, SEK million |1 210 |1 146|64 |3 603 |3 458 |145 |||| | | | | | | | |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Operating profit excluding |76 |46 |30 |145 |7 |138 |||| |non-recurring items, SEK | | | | | | |||| |million | | | | | | |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Operating profit, SEK million|64 |29 |35 |209 |-93 |302 |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Gross profit margin, % |61,2 |59,1 |2,1 |60,0 |56,5 |3,5 |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Operating margin excluding |6,3 |4,0 |2,3 |4,0 |0,2 |3,8 |||| |non-recurring items, % | | | | | | |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Profit after tax, SEK million|32 |-10 |42 |83 |-184 |267 |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Earnings per share, SEK (Note|0,43 |-1,46|1,89 |1,25 |-6,40 |7,65 |||| |1) | | | | | | |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ |Cash flow from operating |191 |117 |74 |215 |180 |35 |||| |activities, SEK million | | | | | | |||| +-----------------------------+--------+-----+------+-------+---------+----- -++++ · 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.
KappAhl Q3: Improved result and continued growth
| Source: KappAhl Holding AB