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Last kr98.00 DKK
Change Today +1.00 / 1.03%
Volume 3.9K
BOCONB On Other Exchanges
As of 10:59 AM 05/22/15 All times are local (Market data is delayed by at least 15 minutes).

boconcept holding a/s-b (BOCONB) Snapshot

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07/31/14 - kr118.00
52 Week Low
02/17/15 - kr64.00
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Current Stock Chart for BOCONCEPT HOLDING A/S-B (BOCONB)

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boconcept holding a/s-b (BOCONB) Details

BoConcept Holding A/S engages in the design, production, and sale of furniture and lifestyle products. The company provides sofas, sofa beds, armchairs, coffee and occasional tables, room dividers, chests of drawers, media units, sideboards, shelves and bookcases, extendable and dining tables, console and bar tables, dining chairs, barstools, sideboards, nightstands, mattresses, duvets and pillows, bedspreads, wardrobes, mirrors, entryway furniture, and outdoor tables and chairs. It also offers accessories, such as textiles, including cushions, throws, and bedspreads; and rugs, lamps, vases, bowls, candleholders, sculptures, clocks, frames, tableware, storage products, paintings and wall arts, stools, mixed accessories, and lamps. The company operates a network of approximately 252 BoConcept brand stores and 47 BoConcept studios worldwide. BoConcept Holding A/S was founded in 1952 and is headquartered in Herning, Denmark.

634 Employees
Last Reported Date: 03/5/15
Founded in 1952

boconcept holding a/s-b (BOCONB) Top Compensated Officers

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Executives, Board Directors

boconcept holding a/s-b (BOCONB) Key Developments

BoConcept Holding A/S Appoints Peter Linnet as Chief Operating Officer, Effective 4 May 2015

BoConcept Holding A/S announced that Peter Linnet will be joining the executive board on 4 May 2015 and taking up the position as Chief Operating Officer (COO). Peter Linnet comes from a position as Senior Vice President Supply Chain and Quality of Orifarm A/S. In BoConcept, Peter will cover supply chain areas including production, warehouses, logistics and customer service.

BoConcept Holding A/S Reports Unaudited Consolidated Earnings Results for the Third Quarter and Nine Months Ended Jan, 31, 2015; Provides Earnings Guidance for Full Financial Year 2014-2015

BoConcept Holding A/S reported unaudited consolidated earnings results for the third quarter and nine months ended Jan, 31, 2015. For the quarter, the company reported revenue of DKK 277,101,000 compared to DKK 254,567,000 a year ago. Operating profit was DKK 6,532,000 compared to DKK 1,115,000 a year ago. Operating profit before tax was DKK 3,177,000 compared to DKK 1,188,000 a year ago. Profit for the period was DKK 131,000 compared to DKK 723,000 a year ago. Basic and diluted loss per share was DKK 0.03 against basic and diluted earnings per share of DKK 0.25 a year ago. For the nine months, the company reported revenue of DKK 837,112,000 compared to DKK 782,973,000 a year ago. Operating loss was DKK 56,263,000 compared to DKK 3,560,000 a year ago. Operating loss before tax was DKK 61,264,000 compared to DKK 4,250,000 a year ago. Loss for the period was DKK 52,361,000 compared to DKK 3,635,000 a year ago. Basic and diluted loss per share was DKK 18.28 against diluted earnings per share of DKK 1.28 a year ago. Cash flows used in operating activities were DKK 12,062,000 compared to DKK 29,346,000 a year ago. Acquisition of intangible assets was DKK 6,921,000 compared to DKK 20,137,000 a year ago. Acquisition of tangible assets was DKK 3,381,000 compared to DKK 21,463,000 a year ago. Return on net assets (for the period), was 9.9% (negative) against 0.6% a year ago. Return on equity before tax was 32.1% (negative) against 1.9% a year ago. Book value per share was DKK 56 against DKK 77 a year ago. For full year of 2014/2015, the company expects expect total revenue to increase by 5% to 6% in the 2014/2015 financial year rather than the previously announced 3% to 5%. The company expects a positive EBIT for the full 2014/2015 financial year before special expenses incidental to the implementation of the strategic transformation of the company's business model.

BoConcept Holding A/S Announces Executive Appointments

BoConcept Holding A/S announced Peter Thorsen is appointed chairman of the board. Mr. Thorsen, who has been the deputy chairman of BoConcept's supervisory board since 2013, has extensive knowledge of operations, business development and turn-around processes in international businesses. In consultation with the group's day-to-day management, he will secure the best possible basis for and focus on the implementation of the revamped business model. Viggo Mølholm is joining the supervisory board as deputy chairman.


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