Preliminary announcement of the financial statements for the first quarter of
2007/2008 for BoConcept Holding A/S
On 28 August 2007 the supervisory board of BoConcept Holding A/S adopted the
financial statements for the first quarter of the 2007/2008 financial year,
which cover the period from
1 May 2007 to 31 July 2007.
· Revenue has grown by 23.5 per cent on last year
· The year-to-date profit before tax was DKK 17.4 million compared to DKK 10.4
million last year
· The year-to-date operating margin was 6.9 per cent compared to 5.3 per cent
during the same time last year
· The balance sheet total was DKK 554.6 million as per 31 July 2007, up DKK
76.1 million on the same date last year
· A positive cash flow of DKK 10.4 million before instalments on long-term
liabilities other than provisions
· Since the beginning of the financial year there has been a net addition of
seven new BoConcept Brand Stores
· The full-year forecast remains unchanged - a profit before tax of DKK 85-95
million and an increase in turnover of 15-20 per cent
· The forecast cash flow before instalments on long-term liabilities other than
provisions is maintained at minimum DKK 35 million
For further information, please contact President and CEO, Viggo Mølholm, or
Vice President and CFO, Hans Barslund, on telephone number: +45 7013 1366.
