39 % |
The first quarter of the year delivered |
and earnings . Our investments continue |
a record quarter . The recovery in the |
to bring success despite a troubled |
2022 |
market was rapid after restrictions were reduced or removed in Europe and the |
time in our world . The Group increased its inventory during the quarter , but |
USA . However , there was no shortage of |
additional inventory was needed to |
Net sales per sales channel |
challenges in the short term . The war in Ukraine started as well as the deve- |
meet the increasing demand . The third quarter of the year also had a very strong |
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Promo
Retail
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lopment of COVID-19 in China with widespread and long lasting lockdowns . Both of these exacerbated the strained |
development . Net sales and earnings significantly improved compared to the previous year . On September 2 , New Wave |
situation that has existed in the previous |
Group AB acquired the British profile |
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year and continues to impact product |
clothing company B . T . C . Activewear |
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Dividend |
supply and logistics . Still we were able |
Ltd for SEK 398.7 million . The Group |
The Board of Directors has decided to propose to the AGM : |
to meet these challenges and deliver a great result . Craft signed agreements |
has good cost control , but during the quarter certain costs such as electricity |
# A dividend of SEK 6.50 per share ( before the split ). |
with the Norwegian national teams in cross-country skiing and biathlon and |
and energy increased , which mainly affected the Gifts & Home Furnishings |
# 2:1 split , meaning that an existing share is divided into two shares . |
extended the agreement with Hammarby Fotboll for another 5 years ( until 2028 ). The Group ' s strong development |
segment . The year ended with continued strong development . Both net sales and results improved compared to the |
continued during the second quarter , |
previous year . This development is attri- |
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which was another record quarter with |
butable to the Corporate and Sports & |
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good growth both in terms of net sales |
Leisure segments , while Gifts & Home |
# Net sales amounted to SEK 8,843.6 million , which was 32 % higher than last year ( SEK 6,718.6 million ). Currency changes affected net sales positively by 8 % and acquired business by 4 %. |
# Operating result amounted to SEK 1,505.1 ( 1,005.9 ) million .
# Result for the period amounted to SEK 1,168.8 ( 760.0 million .
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# Earnings per share amounted to SEK 17.62 ( 11.46 ).
# Cash flow from operating activities amounted to SEK -360.0 ( 1,207.4 ) million .
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# Equity ratio amounted to 53.8 ( 59.6 ) %.
# Net debt to equity ratio amounted to 39.5 ( 23.4 ) %.
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ANNUAL REPORT // 005 |