Europris ASA Corporate Analyst Meeting Transcript
Good morning, everyone. It's a true pleasure to see so many people actually present at today's event. So a special welcome to you. And to the rest of the audience, which are watching online, welcome to you, even if you're watching right now or if you are tuning in to the webcast later on.
It's been 4 years since Europris went on stage for a capital markets update, and we have to admit a lot has happened since then, both for the company but also in the retail sector in general.
Of course, COVID-19 obviously boosted volume and demand in the retail sector, but it also created some difficulties with shortage of production capacity and also putting pressure on freight costs from Far East.
And of course, this year, we see that consumers are concerned with -- they see that higher inflation and also high interest rates are putting pressure on their disposable income.
And with that backdrop, I have to admit that I'm really pleased with the development of Europris since our last Capital Markets Day 4 years ago. And going forward, I called my
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