Q4 2021 Europris ASA Earnings Call Transcript
Good morning, and welcome to the presentation of Q4 and 2021 full year results for Europris.
Joining me on today's webcast is CFO, Stina Byre, and she will present the financial details; and of course, Trine Englokken, the IR Manager, who will manage the Q&A at the end of the session. Please feel free to send in your questions as I speak, and try to put in 1 question at a time. That will make it easier at the end.
Wiggo Erichsen founded Europris 30 years ago back in 1992. And I can't think of a better way to enter the anniversary year than on the back of the fantastic results we have delivered in 2021. Growth and success has been the story of Europris for more than -- not more, but for 30 years and 2021 was no exception. And I think that tells a lot about the strong concept and the strong culture of the company.
In 2021, we have successfully delivered on the growth strategy and solid operations drove profits to an all-time high in the fourth quarter. Sales increased by 12.6%. Gross margin increased to 50%. Net profit increased by 39% to NOK
| Access to All Earning Calls and Stock Analysis | |
| 30-Year Financial on one screen | |
| All-in-one Stock Screener with unlimited filters | |
| Customizable Stock Dashboard | |
| Real Time Insider Trading Transactions | |
| 8,000+ Institutional investors’ 13F holdings | |
| Powerful Excel Add-in and Google sheets Add-on | |
| All data downloadable | |
| Quick customer support | |
| And much more... |
Trustpilot
We'd love to learn more about your experiences on GuruFocus.com and how we can improve!
Take Survey
