BoConcept Holding A/S' quarterly report for the period 1 May 2007 to 31 January 2008

Announcement of financial results of BoConcept Holding A/S 
for the first three quarters of 2007/2008
On 5 March 2008 the supervisory board of BoConcept Holding A/S adopted the
financial statements for the first three quarters of the financial year
2007/2008, which cover the period from 1 May 2007 to 31 January 2008. 

Year to date:
·	The year-to-date revenue has risen by 10.6 per cent (by unchanged exchange
rates 13.4 per cent) compared to the same period last year. Of this figure,
same-store sales growth amounted to 2 per cent 
·	Profit before tax was DKK 52.5 million compared to DKK 45.5 million last
year. 
·	The year-to-date operating margin was 7.3 per cent compared to 6.5 per cent
during the same time last year 
·	Since the beginning of the financial year there has been an addition of 28
new BoConcept Brand Stores and two have been closed. There has been a net
addition of 26 BoConcept Brand Stores 
·	At 31 January 2008 the balance sheet total was DKK 547.7 million, down DKK
29.8 million compared to the corresponding period of last year. 
·	A positive cash flow of DKK 13.3 million before instalments on long-term
liabilities other than provisions 

Third quarter:
·	The revenue in third quarter has declined by 5.6 per cent compared to same
period last year. 
·	For the third quarter of 2007/2008 profit before tax declined by DKK 7
million compared to last year to DKK 10.5 million 
·	The decline in revenue and operating margin is primarily attributable to the
general financial situation which has resulted in financial unrest, a decline
in the housing market and lower consumer confidence which in turn has had a
negative effect on furniture sales 
·	We estimate that BoConcept has won market shares in third quarter

Full year forecast:
·	As a result of the market situation, we make a downward adjustment of the
forecast for the financial year 2007/2008 before extraordinary costs for
employee shares and any proceeds from the sale of properties to a pre-tax
profit of between DKK 70 and 75 million and a revenue increase of 8 to 10 per
cent 
·	We now make a downward adjustment of the planned investments in the region of
DKK 40 to 45 million to a positive cash flow before repayment of long-term debt
to at least DKK 25 million 


For further information, please contact President and CEO, Viggo Mølholm, or
Vice President and CFO, Hans Barslund, on telephone number: +45 7013 1366.