Q4 2023 Europris ASA Earnings Call Transcript
Good morning, everyone, and welcome to Europris's presentation of the fourth quarter and the full year 2023. Joining me on stage today -- my name is Espen Eldal, CEO of Europris, and joining me is Stina Byre, the CFO. And Trine Engløkken, the IR Officer, will manage the Q&A at the end of the presentation, but please feel free to type in your questions as we talk, and we will summarize at the end. We will start with questions in the audience here at SEB in Oslo, so thank you to SEB for hosting the presentation, and we will summarize them with the questions from the web audience at the end.
Europris is the number one discount variety retailer in Norway. We have store sales of close to NOK9 billion and 282 stores across the country. And since 2018, we've had a 20% ownership stake in the Swedish discount variety retailer ÃoB, operating around 90 stores with SEK4 billion turnover. And yesterday, we announced that we exercised our option to acquire the remaining shares of ÃoB. And we are excited about this opportunity for Nordic expansion, and are confident that
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