Lindex operating profit grows to SEK 101M due to cost reduction
22 Jun '05
2 min read
Profit after tax amounted to SEK 73M (-8), equivalent to SEK 5.30 (-0.60) per share.
Lindex has decided to focus all its resources on developing the Lindex chain's brand and stores. The company, therefore, intends to divest the Twilfit operation during the 2004/2005 financial year.
The Lindex Group operates two fashion chains with two strong brands, Lindex and Twilfit. Both have specific target groups and market positions. Inspiring fashion for women, teenagers and children. With our strong retail brands we attract women, teenagers and children. We have indepth understanding of their changing needs throughout their lives.