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Last kr178.50 DKK
Change Today 0.00 / 0.00%
Volume 4.1K
IC On Other Exchanges
Symbol
Exchange
Copenhagen
Berlin
As of 11:04 AM 04/21/15 All times are local (Market data is delayed by at least 15 minutes).

ic group a/s (IC) Snapshot

Open
kr179.00
Previous Close
kr178.50
Day High
kr179.00
Day Low
kr176.00
52 Week High
06/2/14 - kr187.34
52 Week Low
10/16/14 - kr121.05
Market Cap
3.0B
Average Volume 10 Days
11.8K
EPS TTM
kr8.28
Shares Outstanding
17.0M
EX-Date
12/19/14
P/E TM
21.6x
Dividend
kr3.00
Dividend Yield
4.96%
Current Stock Chart for IC GROUP A/S (IC)

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ic group a/s (IC) Details

IC Group A/S designs and sells clothes for men and women in the Nordic region, rest of Europe, and internationally. The company provides its products primarily under the Tiger of Sweden, By Malene Birger, Peak Performance, Designers Remix, and Saint Tropez brands through wholesale customers, franchise partners, concessions, e-commerce, and retail stores. IC Group A/S sells its products through approximately 240 retail and franchise stores, and approximately 4,300 distributors in approximately 25 countries. The company was formerly known as IC Companys A/S and changed its name to IC Group A/S in September 2014. IC Group A/S is headquartered in Copenhagen, Denmark.

1,054 Employees
Last Reported Date: 02/5/15
Founded in 2013

ic group a/s (IC) Top Compensated Officers

No compensation data is available at this time for the top officers at this company.

Executives, Board Directors

ic group a/s (IC) Key Developments

IC Group Announces Extraordinary Dividends

IC Group announced that at an extraordinary board meeting held on 15 December 2014, the board of directors resolved to distribute extraordinary dividends of DKK 100 million to the Groups shareholders. Together with the ordinary dividends which were authorised for payment by Board resolution at a board meeting in September 2014, total payment of dividends made by the Group in first half of fiscal 2015 was DKK 147 million.

IC Group A/S Announces Unaudited Consolidated Earnings Results for the Second Quarter and Six Months Ended December 31, 2014; Revises Earnings Guidance for the Fiscal Year 2015

IC Group A/S announced unaudited consolidated earnings results for the second quarter and six months ended December 31, 2014. For the quarter, the company reported revenue of DKK 598.0 million against DKK 562.2 million a year ago. EBITDA was DKK 35.9 million against DKK 42.3 million a year ago. EBIT was DKK 20.3 million against DKK 28.0 million a year ago. Profit before tax of continuing operations was DKK 17.8 million against DKK 26.6 million a year ago. Profit for the period of continuing operations was DKK 9.3 million against DKK 20.0 million a year ago. Loss for the period was DKK 0.7 million against profit for the period of DKK 17.6 million a year ago. Diluted loss per share was DKK 0.0 against diluted earnings per share of DKK 1.1 a year ago. Total cash flow from operating activities was DKK 210.3 million against DKK 329.5 million a year ago. Investments in intangible assets were DKK 2.1 million against DKK 6.4 million a year ago. Investments in property, plant and equipment were DKK 13.9 million against DKK 20.1 million a year ago. For the six months, the company reported revenue of DKK 1,425.8 million against DKK 1,379.7 million a year ago. EBITDA was DKK 190.8 million against DKK 195.3 million a year ago. EBIT was DKK 161.7 million against DKK 166.1 million a year ago. Profit before tax of continuing operations was DKK 160.1 million against DKK 163.4 million a year ago. Profit for the period of continuing operations was DKK 117.4 million against DKK 123.5 million a year ago. Profit for the period was DKK 107.4 million against DKK 136.8 million a year ago. Diluted earnings per share were DKK 6.4 against DKK 8.3 a year ago. Total cash used by operating activities was DKK 16.6 million against cash flow from operating activities of DKK 132.9 million a year ago. Investments in intangible assets were DKK 9.9 million against DKK 6.9 million a year ago. Investments in property, plant and equipment were DKK 21.1 million against DKK 37.5 million a year ago. The Group's Premium brands are expected to continue their positive trend of growth in fiscal year 2015, and Group revenue is therefore expected to increase (unchanged). Consequently, revenue from continuing operations is expected to be in the region of DKK 2,600 million - DKK 2,650 million. The Group's continuing operations will be negatively impacted by DKK 12 million due to provisions made to cover non-recurring costs relating to a potential case concerning indirect taxes and due to idle capacity costs estimated at approximately DKK 30 million. Adjusted for these costs, earnings of the Group's Premium brands are expected to improve (unchanged) and operating profit is expected to be realised in the region of DKK 200 million - DKK 230 million. As a result of lower revenue, the Group's non-core business is not expected to maintain the current earnings level and operating profit is expected to be realised in the region of DKK 15 million - DKK 25 million before non- recurring cost and idle capacity costs as indicated above. Operating profit for the Group's continuing operations is expected to be approximately DKK 170 million –DKK 210 million. Adjusted for the costs, operating profit for continuing operations is expected to be in the region of DKK 215 million - DKK 255 million.

IC Group A/S Declares Extraordinary Dividend Payable on 23 December 2014

The Board of Directors resolved to distribute dividends to shareholders according to authorisation under Article 5 of the Articles of Association of IC Group A/S. Consequently, based on the Annual Report for the period ended 30 June 2014, total dividends of DKK 5.85 per share, corresponding to a total amount of DKK 100 million, will be distributed. Dividends will be distributed based on the shareholdings registered in the securities account on 22 December 2014 which means that all transactions executed by the close of business on 18 December 2014 will be cum dividend. Dividends paid will be available to shareholders on 23 December 2014.

 

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Industry Analysis

IC

Industry Average

Valuation IC Industry Range
Price/Earnings 17.2x
Price/Sales 1.0x
Price/Book 3.1x
Price/Cash Flow 14.1x
TEV/Sales 0.8x
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