Kjell Group AB (publ) (STO:KJELL)
Sweden · Delayed Price · Currency is SEK 9.98
+0.17 (1.73%)
May 7, 2026, 5:29 PM CET
Kjell Group AB Earnings Call Transcripts
Fiscal Year 2024
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Q4 delivered sales growth of 1.5% year-over-year and improved adjusted EBITA, with strong performance in Sweden and Norway offsetting a temporary decline in Denmark. A new central warehouse and a 200 million SEK rights issue are set to boost efficiency and strengthen the balance sheet.
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Q3 2024 saw a 4.1% revenue decline and lower gross margin due to intense promotions and a higher share of external brands. Strategic focus is on own brands and efficiency, with expectations for a stronger Q4 driven by seasonal sales and new campaigns.