KappAhl Report third quarter 2015/2016: A good quarter for KappAhl

“KappAhl's third quarter is sound and showing a continuing positive progress.
The sound result comes from our price strategy, with a focus on full price
sales, and our amended campaign strategy. The summer range was well-received and
sold well in the warm spring weeks…”  Read the full CEO statement in the
enclosed report.

  · Sale increased by 5.6 per cent in the quarter and by 1.1 per cent in
September-May, compared with the previous year.
  ·  The operating margin for the quarter was 8.6 (3.7) per cent and 7.2 (4.2)
per cent for September-May.
  ·  The second Hampton Republic 27 store opened in March in Gothenburg.
  · The operating margin over the rolling twelve months is 6.6 (5.2) per cent.

                                   Third              Nine months (Sep-May)
                                  Quarter
                                   (March
                                   -May)
                          2015/201  2014/  Change  2015/2016  2014/2015  Change
                                 6   2015

Net sales, SEK million       1 195  1 132      63      3 476      3 439      37

Operating profit/loss,         103     42      61        251        146     105
SEK   million
Gross margin, %               64,9   61,7     3,2       63,1       61,0     2,1
Operating margin, %            8,6    3,7     4,9        7,2        4,2     3,0
Profit after tax, SEK           89     23    66,0        186       81,0   105,0
million
Earnings per share after      1,16   0,30    0,86       2,42       1,06    1,36
  dilution, SEK (Note 2)
Cash flow from operating       202    194       8        307        357     -50
activities, SEK million

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 released for public disclosure on 30 June 2016, at
07.30
For further information
Danny Feltmann, President & CEO. Tel 46 31 771 5661.
Anders Düring, Chief Financial Officer. Tel 46 708 887 733.

For photos and company information
Charlotte Högberg, Head Corporate Communications, Tel 46 704 71 56 31,
charlotte.hogberg@kappahl.com
KappAhl, founded in 1953 in Gothenburg, is one of the leading Nordic fashion
chains with nearly 380 stores in Sweden, Norway, Finland and Poland as well as
Shop Online. Our mission is to offer value-for-money fashion of our own design
with wide appeal. About 38 per cent of the range has sustainable fashion
labelling. In 2014/2015 sales were SEK 4.6 billion and the number of employees
was about 4,000 in eight countries. KappAhl has been listed on Nasdaq Stockholm
since 2006. More information is available at www.kappahl.com