Quarter April-
- Net sales rose 12% to MSEK 334.4 (298.5)
- EBITA improved to MSEK -16.7 (-22.7)
- EBITA LTM was MSEK 87.2 (87.3)
- The company reported a loss after tax of MSEK -25.8 (-32.1)
- Earnings per share amounted to MSEK -1.9 (-4.0)
Period January-
- Net sales rose 7% to MSEK 796.3 (742.5)
- EBITA improved to MSEK -19.0 (-21.9)
- The company reported a loss after tax of MSEK -41.0 (-45.4)
- Earnings per share amounted to MSEK -3.8 (-5.7)
Significant events
Bokusgruppen was listed on Nasdaq First North Premier Growth Market on 4 June- Stores recovered and reported positive sales growth of 13%
- Online channels continued to report strong growth of 11%
Akademibokhandeln's range of other products was launched online
Comments from the CEO
High growth and improved earnings in second quarter
Total sales growth for the quarter amounted to 12% and EBITA increased 27% compared with the same quarter last year. Sales in stores increased 13%. During the quarter,
The second quarter displayed a positive total sales trend of 12% and continued growth of 11% in our online channels compared with the year-earlier period. The stores recovered during the quarter and reported a 13% increase in sales. It is highly gratifying that customers appreciated their visits to our stores despite the many store restrictions that remained in place during the quarter. The in-store sales growth had a positive impact on the gross margin, which rose 1.3 percentage points.
EBITA improved by 27%, despite the fact that we reported significantly lower pandemic-related government grants for 2021. The second quarter is normally characterised by negative earnings due to the seasonal variations affecting
The change in cash flow was due to usual seasonal variations and changes in the financing structure in connection with the listing. The deviation compared with the year-earlier period was mainly due to the pandemic-related government grants received last year.
During the quarter, we also continued to invest in and focus on our future digital development by expanding the functionality of Bokus Play, improving
A milestone was reached in the quarter when
In summary, I am pleased with our results for the quarter. We had stronger sales, more customers in our stores and positive online growth. In other words,
It is gratifying that
Further information
Appendix:
The report was originally published in Swedish
For more information, please contact
This information is information that
Corp.reg.no.: 559025-8637
Box 2100, 103 13
Lindhagensgatan 74, plan 8, 112 18
Tel: +46 10-744 10 00
Email: info@bokusgruppen.com
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