Report Publication Announcement • May 12, 2020
Report Publication Announcement
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Press Release, Stockholm 2020-05-12
As previously communicated Björn Borg AB has decided to postpone the annual general meeting due to the Corona virus. Instead of the previously announced date, the annual general meeting will be held on June 30, 2020 and the notice convening the annual general meeting will be issued no later than four weeks prior to the meeting.
Björn Borg has further communicated that the spread of the Corona virus has caused a strained work situation within the Group and also affected the audit. Björn Borg therefore postpones the publication of the annual report for the financial year 2019 to June 9, 2020.
For further information, please contact
Henrik Bunge, CEO Email: [email protected] Phone: +46 70 234 76 20
Heiner Olbrich, Chairman of the Board Email: [email protected] Phone: +49 171 339 11 91
ABOUT BJÖRN BORG: The Group owns the Björn Borg trademark and its core business is underwear, sportswear and bags. It also offers footwear and eyewear through licensees. Björn Borg products are sold in around twenty markets, of which Sweden and the Netherlands are the largest. The Björn Borg Group has operations at every level from branding to consumer sales in its own Björn Borg stores. Total sales of Björn Borg products in 2019 for about SEK 1,6 billion, excluding VAT, at consumer level. Group net sales amounted to SEK around 757 MSEK in 2019, with an average of 213 employees. The Björn Borg share has been listed on Nasdaq Stockholm since 2007.
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