BjA[pilcrow sign]rn Borg posts profit of SEK27m in Q3 2019.

NORDIC BUSINESS REPORT-November 18, 2019-BjA[pilcrow sign]rn Borg posts profit of SEK27m in Q3 2019

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Bjorn Borg AB (STO:BORG) reported on Friday profit after tax of SEK27.0m, or diluted EPS of SEK1.07, for the third quarter of 2019, from 1 July 2019 to 30 September 2019.

This was a decline over profit after tax amounted to SEK29.0m, or diluted EPS of SEK1.15, in the third quarter of 2018.

Group net sales for the quarter increased by 13.5 % to SEK230.6m, as compared with SEK203.1m in the third quarter of 2018. Excluding currency effects, sales rose 11.5%.

Net sales for own e-commerce and e-tailers for the quarter amounted to SEK57.8m, up by 16.9% as compared with SEK49.5m in the third...

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