Verkkokauppa.com Oyj (OHEL:VERK)
€ 1.5 0.062 (4.31%) Market Cap: 67.90 Mil Enterprise Value: 84.22 Mil PE Ratio: 0 PB Ratio: 2.69 GF Score: 62/100
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Q4 2023 Verkkokauppa.com Oyj Earnings Call Transcript

Feb 08, 2024 / 09:00AM GMT
Release Date Price: €2.4 (-0.83%)
Panu Porkka
Verkkokauppa.com Oyj - CEO

Good morning, everybody, and welcome to Verkkokauppa.com Q4 presentation. My name is Panu Porkka, and I'm the CEO of the company. Today, joining with me and also available for questions is CFO Mikko Forsell; and Investor Relations Manager, Marja Mäkinen. (Event Instructions)

So as typically, I will start with the operating environment, then some highlights out of the report of this morning and also highlights from the whole fiscal. We renewed the strategy, our strategy during the last quarter. So I will have a few topics around that, and then we have our view on the market then guidance for this year, and then key takeaways and questions if there are any.

So if we start with the market environment, the last quarter was pretty much the same that we faced during the third and the second quarter as well. So here in the Finnish market, the consumer confidence is on a record low. Consumers' confidence in their own economics is low. And this is probably, well, regarding the geopolitical intention.

But I think the biggest drivers are the high

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