Q4 2023 Viva Wine Group AB Earnings Call Transcript
Good morning, and welcome, everyone to our Q4 2023 presentation. My name is Emil Sallnas. and together with our CFO, Linnn Gabbard, I'll present today. This is the agenda for today. And before we go into the quarterly update and financials, I just quickly want to start by giving you a short introduction to the Viva Wine Group.
In the group. We have two major segments, the Nordics and the eCom. in the Nordic monopoly market. We are the market leader in wine. We also have a profitable eCom business in Europe with a strong growth Intentia. Our operating companies are in the Nordic monopoly markets, Sweden, Finland and Norway. While our eCom business is based in Germany, which is our main market in total, our eCom market covers 10 European countries.
And now let's move on to the quarterly update and the performance summary. First of all, I would like to highlight our strong performance in the Nordics. Despite soft markets reported record high market shares in the Nordics, our net sales for the group increased by 4.3% in Q4 with an organic growth of 4.4
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