STOCKHOLM--(BUSINESS WIRE)--Regulatory News:
CDON Group AB (STO:CDON):
With regards to an interview by Fredrik Bengtsson, head of media and investor relations at CDON Group AB, with Nyhetsbyrån Direkt the company would hereby like to make the following clarifications:
· Nelly.com sales have been negatively affected during the third quarter due to the unusually warm weather. Sales for the third quarter 2013 are expected to be higher compared to the same period last year but lower than the second quarter 2013.
· As an effect of lower revenue, EBIT for Nelly.com is expected to be slightly negative for the third quarter 2013.
· Sales of media related products within CDON.com are estimated to decline by approximately 25-30 per cent compared to the same period last year which is in line with the company’s expectations.
CDON Group AB’s quarterly report for the third quarter and the first nine months of 2013 will be released as planned 8:00 a.m. CET on October 21 2013.
About CDON Group
CDON Group is the leading e-commerce group in the Nordic region. Since the start in 1999, the Company has expanded and broadened its product portfolio and is now a leading e‐commerce player within Entertainment (CDON.com and Lekmer.com), Fashion (Nelly.com and Members.com), Sport & Health (Gymgrossisten.com, Bodystore.com and Milebreaker.com) and Home & Garden (Tretti.com and Rum21.se). CDON Group’s internet stores attracted around 244 million visits and more than two million unique customers during 2012.
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