KappAhl Year-end Report 2009/2010: Good growth

YEAR-END REPORT 2009/2010

Good growth

Fourth quarter (June - August 2010)

  * KappAhl's net sales for the period amounted to SEK 1,290 (1,226) million, an
    increase of 5.2 per cent.
  * The operating profit was SEK 156 (176) million.
  * The gross margin was 59.6 (61.4) per cent and the operating margin was 12.1
    (14.4) per cent.
  * Profit after tax was SEK 125 (106) million, which is equivalent to SEK 1.67
    (1.41) per share, which is positively affected by tax revenue of SEK 45
    million.
  * Cash flow from operating activities was SEK 222 (100) million.

Full year (September 2009 - August 2010)

  * KappAhl's net sales for the period amounted to SEK 5,111 (4,866) million, an
    increase of 5.0 per cent.
  * The operating profit was SEK 551 (526) million.
  * The gross margin was 61.8 (61.1) per cent and the operating margin was 10.8
    (10.8) per cent.
  * Profit after tax was SEK 402 (315) million, which is equivalent to SEK 5.36
    (4.20) per share, which is positively affected by tax revenue of SEK 84
    million.
  * Cash flow from operating activities was SEK 507 (504) million.

CEO's comments ______________________________________

For the full year we see the gross margin continuing very strong and well in
line with the targets we have set. Growth from new stores continues to be good
and we have succeeded in improving the growth rate in existing stores, though
here we have more to do.
At the same time we have clearly strengthened our financial position, which is
shown in an increased equity/assets ratio and reduced debt/equity ratio.

The company and the concept stand firm and there are more towns and markets
where we fit in.

Christian W. Jansson, President and Chief Executive Officer

For further information, please contact

Christian W. Jansson, President and Chief Executive Officer, phone +46 709
95 02 01
Håkan Westin, Chief Financial Officer, phone +46 704 71 56 64
KappAhl is a leading fashion chain with almost 350 stores and 4 800 employees in
Sweden, Norway, Finland, Poland and the Czech Republic. KappAhl sells
value-for-money fashion with a wide appeal - to women, men and children - and
focuses in particular on women aged 30-50 with families. All clothes are from
our own designers. In 1999 KappAhl was the first fashion chain to be
environmentally certified. In the 2009/2010 financial year KappAhl's net sales
were SEK 5.1 billion and operating profit SEK 551 million. KappAhl is listed on
Nasdaq OMX Stockholm. More information can be found at www.kappahl.com.

KappAhl AB (publ) discloses the information provided here pursuant to the
Securities Market Act and/or the Financial Instruments Trading Act. The
information was submitted for publication on 28 September 2010 at 07.30 a.m.



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