STOCKHOLM, Sweden, Dec. 7, 2004 (PRIMEZONE) -- Lindex result after financial items is provisionally estimated to amount to approximately SEK 115 (88) Mkr for the first quarter 2004/2005.
Lindex continues to reduce costs in the current organisation. Reduced personell costs and a changed marketing mix with a focus on store campaigns have lead to lower costs. A slightly decreased sale compared to the previous year is expected.
The full report for the first quarter will be published as previously announced, 19 January 2005.
AB Lindex (publ)
For more information: Goran Bille, CEO Phone: +46 (0) 31 739 50 02, Mobile: +46 (0) 703 44 43 04 Peter Andersson, CFO Phone: +46 (0) 31 739 50 10, Mobile: +46 (0) 705 84 44 37
The Lindex Group consists of two retail chains: Lindex which has 315 stores in the Nordic market and 25 stores in Germany, and Twilfit, which has 58 stores in Sweden. The Group's business areas are Lingerie, Ladies' Wear, and Children's Clothing.
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