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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Q3 2023 Verkkokauppa.com Oyj Earnings Call Transcript

Oct 26, 2023 / 08:00AM GMT
Release Date Price: €2.27 (-5.42%)
Panu Porkka
Verkkokauppa.com Oyj - CEO & MD

Good morning, everybody, and welcome to Verkkokauppa.com Q3 presentation. If you have any questions, please feel free to send them to [email protected], and all questions will be then dealt at the end of the presentation in the Q&A section.

Today, joining with me and also available for questions, CFO, Mikko Forsell, and Investor Relations Manager, Marja Makinen. As always, I will start my presentation with the market surroundings and trends impacting our business. Then some highlights out of the report of this morning, following by strategy execution, and then at the end, market outlook, and questions, if there are any.

So if we start with the market, the market was probably as tough as it gets, at least for the recent years that we have seen. For the first time since some months, we saw a decline in consumer confidence again. One can speculate the reason for that. Typically, for example, geopolitical uncertainties have been impacting that. And there are also some clouds in the Finnish employment landscape at the moment. So

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