Improved Gross Margin in First Quarter

Brio - May 2008


Report Period January-March 2008
- Net sales amounted to SEK 173.0 million
- The operating profit was SEK 45.5 million

“During Q1 BRIO sold more of the products we have developed ourselves than in previous periods, and on the back of this achieved a better gross margin. The results of the last few years’ product development will be seen in major product launches that will take place in the third and final quarters, paving the way for increased growth and better profitability,” said Thomas Bräutigam.

BRIO started a recruitment process to appoint a new CEO to replace Thomas Bräutigam, who will be leaving the company at his own request in July 2008. The company’s CFO, Håkan Johansson, will be acting CEO from July until the new CEO takes over.