Glossary and definitions
|Net sales less the cost of goods for resale as a percentage of net sales.
|Total revenue less the cost of goods for resale.
|EBIT as a percentage of total revenue.
|EBIT after depreciation of tangible non-current assets, including right-of-use assets, but before amortisation of intangible non-current
|EBITA adjusted for items affecting comparability.
|EBITA as a percentage of total revenue.
|EBIT before depreciation of tangible non-current assets, including right-of-use assets, and amortisation of intangible non-current assets
|EBITDA adjusted for items affecting comparability.
|EBITDA as a percentage of total revenue.
|Equity per share
|Equity in relation to the number of shares at the end of the period
|External net debt*
|Loans from financial institutions plus lease liabilities plus bank guarantees less capitalised borrowing costs less cash and cash equivalents.
|Items affecting comparability
|In order to improve comparability and clarify the development of the underlying operations between years, different performance measures are presented excluding items affecting comparability. Items affecting comparability refer to major items that impact comparability insofar as they do not recur with the same regularity as other items. These items include restructuring costs due to a major change in the operations, transaction costs and related costs in conjunction with acquisitions, divestments or changes in ownership, and impairment of non-current assets. In addition, owner-related expenses that would not exist in a new ownership structure have been recognised as items affecting comparability since 2014. Costs related to restructuring or changes to the operations may pertain to a period of several years, provided they are included in a clearly defined project with a start and end date.
|Cash and cash equivalents
|Cash and cash equivalents includes cash, cash equivalents and bank deposits.
|Earnings per share
|Profit/loss for the period in relation to the average number of shares. The average number of shares is calculated as the number of shares at the end of the period multiplied by the number of days this number existed during the period plus any other number of shares during the period multiplied by the number of days this number existed during the period. The total is then divided by the number of days during the period.
|Equity as a percentage of total assets.
*Alternative performance measures
|Ai complements Synsam’s current customer offering by clearly addressing a younger target group with high demands in terms of flexibility, availability and choice.
|Frames for spectacles and sunglasses.
|Facing fee refers to payments from certain suppliers for the products included in Synsam Group’s central range, which are displayed on store shelves.
|Stores that are not directly owned, but operate under the Group’s brands/store concepts.
|The glass used for spectacles or sunglasses, with or without corrective properties.
|Brands designed in house.
|Contact lens subscriptions
|A contact lens subscription is a contract involving recurring purchases with the right to terminate the contract at the latest one week before the next delivery.
|Contact lenses that are placed directly on the eye.
|Share of the optical retail market, based on external market information in Sweden and management’s assessment in other markets.
|Synsam Group kvartalsvis churn Synsam Lifestyle™
|Antal Avslutade Lifestyle abonnemangskunder i Synsam Group under kvartalet dividerat med Aktiv kundbas i Synsam Group vid ingången av kvartalet.
|Spectacles subscription and related services, including both Synsam Lifestyle and Profil Optik Lifestyle.
|Examination of the customer’s eyesight to identify potential visual defects, changes in visual defects or eye diseases.