Strong Sales for Lindex Excluding Germany, the total sales during the fourth quarter of 2007 is expected to increase with 10 per cent and sales in like-to-like stores, is expected to increase with 7 per cent in comparison with previous year. The gross margin for the fourth quarter, excluding Germany, is expected to exceed last year's level and the EBITA margin is expected to exceed 14 per cent. Final accounts and the Lindex result 06/07 will as previously been stated be brought forward on September 14, 2007. Lindex Board of Directors and Executive Management foresee annual growth (in sales) of 6-9 per cent over the next two years. After closing down the business in Germany, Lindex target is to annually establish 20-25 stores, of which half of them in the Nordic countries, For more information, contact Göran Bille, President and CEO Telephone: +46 (0)703-44 43 04 Peter Andersson, Chief Financial Officer Telephone: +46 (0)705-84 44 37 Lindex inspires women and their children with coordinated, high-value fashions. Lindex is one of Northern Europe's largest fashion chains with around 350 stores in Sweden, Norway, Finland, Estonia, Lithuania and Latvia. Lindex's product areas are women's lingerie, women's wear, children's wear and cosmetics. www.lindex.se
Strong Sales for Lindex
| Quelle: Lindex, AB