STOCKHOLM, Sweden, Oct. 6, 2005 (PRIMEZONE) -- As of today, the home textile chain group Hemtex AB is traded on Stockholm Stock Exchange's O List.
Hemtex has stores in Sweden, Finland and Denmark. Hemtex's range is divided into four product areas: Bedroom, Bathroom, Windows and Dining and Entertaining. All areas are supplemented by home accessories. Net sales amounted to SEK 882 million for the period August 2004 -- July 2005.
"As a listed company, Hemtex will become more visible, which could prove useful when building the Hemtex brand. Showing the quality stamp of being a listed company is good for relations with clients, suppliers, investors and employees," says Jenny Rosberg, President of Cash Market Sweden, OMX Exchanges. "I am therefore very pleased to welcome Hemtex to the Stockholm Stock Exchange."
"We look forward to develop our business model further as a listed company, continuing to deliver profitable growth to both our existing and new shareholders," says Anders Jansson, Chief Executive Officer of Hemtex.
Hemtex will be traded in the Consumer discretionary sector. Further information about Hemtex' industry classification and similar matters is available on www.omxgroup.com/stockholmsborsen under Press and Exchange notices /Search /Equity related information.
About OMX Exchanges
OMX is a leading partner for more efficient securities transactions. OMX consists of two divisions: OMX Technology and OMX Exchanges. Through the OMX Exchanges division, OMX owns and operates the equity, fixed-income and derivatives exchanges in Copenhagen, Stockholm, Helsinki, Tallinn, Riga and Vilnius as well as the central securities depositories in Estonia and Latvia. Through OMX Exchanges, OMX offers access to approximately 80 percent of the Nordic and Baltic Securities market. For more information please visit www.omxgroup.com.
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