Bjorn Borg reports Q2 profit and sales increase of 10 percent

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For the period between April 1 to June 30, 2021, Bjorn Borg Group’s net sales amounted to 162.8 million Swedish krona, an increase of 10 percent. Henrik Bunge, CEO of the company, stated that we have never sold more or been more profitable.

Highlights of Bjorn Borg’s Q2 results The net sales of company-owned ecommerce and etailers reached 61.3 million Swedish Krona, an 28.5 percent increase.

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The gross profit margin was 56.3 percent compared to 49.1 percent. Operating profit was 19.3 million Swedish Krona, compared to negative 13.4 millions Swedish Krona.

Profit after tax amounted to 13.5 million Swedish krona compared to negative 18.8 million Swedish krona, while earnings per share before and after dilution amounted to 0.54 Swedish krona compared to negative 0.75 Swedish krona.