• Sales in the quarter increased by 6.7 per cent to SEK 1 322 (1 239) million. For the full year, September-August, sales increased by 3.0 per cent to SEK 4 901 (4 760) million.
• Gross margin for the quarter was 56.8 (59.2) per cent. For the full year, September-August, it was 59.5 (61,8) per cent.
• Operating profit for the quarter increased to SEK 108 (66) million. For the full year, September-August, it was SEK 168 (282) million. Adjusted for non-recurring costs of SEK 43 million the operating profit was SEK 211 (282) million.
• During the quarter KappAhl's majority owner, Mellby Gård AB, submitted a public takeover bid to all KappAhl's shareholders. On October 7, Mellby Gård AB declared the offer unconditional and to be fulfilled since Mellby Gård AB controls more than 90 percent of the KappAhl shares. Mellby Gård also announced that they will work to delist the KappAhl shares from Nasdaq Stockholm.

Fourth Twelve
Quarter months
(June (Sep
-August) -Aug)

    2018/201 2017/ Change 2018/20 2017/ Change
9 2018 19 2018
   
Net sales, SEK 1 322 1 239 83 4 901 4 760 141
million
Gross margin, % 56,8 59,2 -2,4 59,5 61,8 -2,3
Operating 108 66 42 168 282 -114
profit/loss, SEK
million
Operating margin, % 8,2 5,3 2,9 3,4 5,9 -2,5
Adjusted operating 108 66 42 211 282 -71
profit/loss, SEK
million
Adjusted operating 8,2 5,3 2,9 4,3 5,9 -1,6
margin, %
Profit after tax, SEK 96 49 47 141 224 -83
million
Earnings per share, 1,25 0,64 0,61 1,83 2,92 -1,09
SEK
Cash flow from 36 -47 83 201 294 -93
operating activities,
SEK million

This information is information that KappAhl AB is obliged to disclose pursuant to the EU Market Abuse Regulation and the Securities Market Act. The information was released for public disclosure, through the agency of President and Chief Executive Officer Elisabeth Peregi on 9 October 2019 at 07.30 CET.