Q4 2022 Boozt AB Earnings Call Transcript
Welcome to the Boozt Q4 2022 Results Presentation. (Operator Instructions) Now I will hand the conference over to CEO, Hermann Haraldsson; and CFO, Sandra Gadd. Please go ahead.
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Thank you, and welcome to our Q4 2022 webcast. Let's just dive into it and go to the first slide, our key highlights. Yes, the Nordic department store has stood quite out in the fourth quarter with a clear acceleration of market share gains without compromising what we think is best in industry margins. The quarter came to 23.9% growth with a much stronger performance in November and December than we had expected. You might say that we went after it, and with the best offer and selection in the Nordic region, our historical cohorts as well as new customers responded very well.
For the full year, we managed to grow 16%, delivering ahead of the outlook for '22, owing to a strong finish with exceptional execution and diligence through the peak in November
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