MQ Holding AB - Interim Report

MQ continues to capture market shares
Second quarter (December 2011 - February 2012)

· Net sales amounted to SEK 422 million (414), up 1.9 percent. Sales in comparable stores fell 1.3 percent. (The Swedish Retail Institute Index was down 2.6 percent)
· Gross margin was 48.6 percent (48.5). Operating profit totalled SEK 11 million (15), corresponding to an operating margin of 2.6 percent (3.4).
· Profit after tax amounted to SEK 6 million (5), corresponding to SEK 0.16 (0.13) per share after dilution.
· Cash flow from operating activities totalled SEK 12 million (46).

First six months (September 2011-February 2012)

· Net sales amounted to SEK 802 million (782), up 2.6 percent. Sales in comparable stores fell 1.2 percent. (The Swedish Retail Institute Index was down 5.4 percent)
· Gross margin was 55.2 percent (56.1).
· Operating profit totalled SEK 53 million (69), representing an operating margin of 6.6 percent (8.8).
· Profit after tax amounted to SEK 34 million (42),...

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