We - KappAhl

YEAR IN SUMMARY
FIrSt Quarter: Net sales: SEK 1,266 (1,247) million Operating profit: SEK 176 (206) million. Gross margin: 64.3 (63.9) per
cent. Operating margin: 13.9 (16.5) per cent. Profit after tax: SEK 113 (138) million, which corresponds to SEK 1.51 (1.84) per
share. Cash flow from operating activities: SEK 127 (196) million.
SeConD Quarter: Net sales: SEK 1,168 (1,132) million. Operating profit: SEK 65 (118) million. Gross margin: 58.0 (59.6 ) per
cent. Operating margin: 5.6 (10.4) per cent. Profit after tax: SEK 34 (74) million, which corresponds to SEK 0.45 (0.99) per share.
Cash flow from operating activities: SEK 133 (183) million.
tHIrD Quarter: Net sales: SEK 1,206 (1,140) million. Operating profit: SEK 109 (145) million. Gross margin: 60.4 (63.8) per
cent. Operating margin: 9.0 (12.7) per cent. Profit after tax: SEK 62 (112) million, which corresponds to SEK 0.83 (1.49) per share.
Cash flow from operating activities: SEK 144 (221) million.
FourtH Quarter: Net sales: SEK 1,226 (1,103) million. Operating profit: SEK 176 (182) million. Gross margin: 61.4 (61.9) per
cent. Operating margin: 14.4 (16.5) per cent. Profit after tax: SEK 106 (113) million, which corresponds to SEK 1.41 (1.51) per
share. Cash flow from operating activities: SEK 100 (130) million.
Full Year: Net sales: SEK 4,866 (4,622) million. Operating profit: SEK 526 (651) million. Gross margin: 61.1 (62.4) per cent.
Operating margin: 10.8 (14.1) per cent. Profit after tax: SEK 315 (436) million, which corresponds to SEK 4.20 (5.81) per share.
Cash flow from operating activities: SEK 504 (730) million. Proposed dividend: SEK 1.25 (4.50) per share. Number of new stores,
net: 28.
KEY RATIOS
1950 1960 1970
1953 Per-Olof Ahl opens his first store,
Kappaffären, on Omvägen in Gothenburg.
The business concept is “High quality at a
low price”. Business booms. 1956
Opening of the first store in Stockholm, on
Hornsgatan. 1959 Per-Olof opens a store
in Gothenburg exclusively for men. It is
called Herrman and is on Korsvägen.
Sep 08
–Aug 09
sep 07
–aug 08
sep 06
–aug 07
sep 05
–aug 06
sep 04
–aug 05 1
net sales, seK million 4,866 4,622 4,473 4,217 3,945
operating profit, seK million 526 651 618 530 403
profit after tax, seK million 315 436 659 302 264
Gross margin, % 61.1 62.4 61.1 60.2 58.6
operating margin, % 10.8 14.1 13.8 12.6 10.2
earnings per share, seK 4.20 5.81 8.78 4.02 3.52
number of stores 319 291 272 260 242
1 for the period september 2004-august 2005 proforma, and consequently unaudited figures, are
shown. the Group Kappahl holding aB (publ) was established in December 2004 and the first
financial year for the Group consisted of the eight months January–august 2005.
Per-Olof Ahl’s business concept begins
to make its mark among ordinary people.
The stores are successful and Swedish
women are increasingly well-dressed.
1963 KappAhl is established in 25
locations throughout Sweden with sales
of about SEK 50 million.
In the 1970s the concept was revitalised
and new groups targeted.
1972 KappAhl has 53 stores and the
company passes the SEK 100 million
mark in sales. 1978 KappAhl’s first
children’s department opens.
2 finansiell information Kappahl 2008/2009