Verkkokauppa.com Oyj released preliminary unaudited information regarding its 2024 financial results. The company's revenue declined by 6.9% to EUR 140.2 million in the last quarter of 2024, largely due to weak demand in discretionary categories such as Televisions, Mobile Phones, and Gaming, although IT and Toys performed better. For the full year 2024, revenue decreased by 7.0% to EUR 467.8 million. The comparable operating result (EBIT) for the fourth quarter was EUR 3.8 million, or 2.7% of revenue, showing an improvement driven by higher gross margins and cost-saving measures. However, the full year 2024 comparable EBIT was EUR 1.8 million, or 0.4% of revenue. The company had anticipated lower revenue and comparable EBIT for 2024 compared to 2023, when revenue was EUR 502.9 million and comparable EBIT was EUR 6.1 million. Verkkokauppa.com will release its full financial statement for 2024 on February 6, 2025. The company is a leading Finnish retailer of consumer electronics and home & leisure products, operating online and through four megastores. It was founded in 1992 and is listed on the Nasdaq Helsinki Stock Exchange.

Verkkokauppa.com Oyj's Shareholders’ Nomination Board has proposed that the Board of Directors for the company consists of seven members, with specific individuals nominated for re-election at the Annual General Meeting scheduled for April 8, 2025. The nominees have agreed to elect Arja Talma as the Chair of the Board if elected. Most nominees are independent, except for Samuli Seppälä and Enel Sintonen. The proposed remuneration for the Board members includes annual fees partly paid in company shares and partly in cash, with the possibility of full cash payment under certain conditions. Committee fees will be paid in cash, and members will be reimbursed for travel and other related expenses. The Nomination Board includes representatives from the company’s largest shareholders. Verkkokauppa.com, a leading Finnish retailer, reported a revenue of EUR 503 million in 2023 and employs about 600 professionals. The company is listed on the Nasdaq Helsinki Stock Exchange.

Verkkokauppa.com Oyj's Shareholders' Nomination Board has proposed that the Board of Directors remain with seven members, recommending the re-election of Robin Bade, Henrik Pankakoski, Kati Riikonen, Irmeli Rytkönen, Samuli Seppälä, Enel Sintonen, and Arja Talma. If any candidate is unavailable, the remaining candidates will be elected, and the number of board members will match the available candidates. The Board members will choose the Chair, with the nominees indicating a preference for Arja Talma as Chair. Most nominees are independent, except for Seppälä and Sintonen. The annual fees for Board members will remain the same, with 50% paid in company shares and the rest in cash, unless restrictions apply. Committee fees will also stay the same, paid in cash, with compensation for travel and lodging expenses. The Nomination Board includes representatives from the three largest shareholders. Verkkokauppa.com, an e-commerce company, was founded in 1992, with a 2024 revenue of EUR 468 million and about 600 employees, and is listed on the Nasdaq Helsinki.

Verkkokauppa.com Oyj announced that it will release its Financial Statements Bulletin on February 6, 2025, at 8:00 a.m. Finnish time. CEO Panu Porkka will present the results in a live webcast in Finnish at 10:00 a.m. and in English at 11:00 a.m. on the same day. The webcasts can be accessed online, and questions can be submitted via email. Presentation materials will be available on the company's investor website after the report is published, and a recording of the presentation will be accessible on-demand. Verkkokauppa.com is an e-commerce company founded in 1992, known for fast deliveries and competitive prices, with a revenue of EUR 503 million in 2023. It is listed on the Nasdaq Helsinki stock exchange. For further information, contact Tomi Lindell, Head of Investor Relations and Corporate Communications.

Verkkokauppa.com Oyj announced that, in line with a resolution from its Annual General Meeting on April 4, 2024, the annual fee for its Board of Directors will be paid in four equal installments using company shares. Consequently, 2,561 shares were transferred to Enel Sintonen, a member of the Board, as part of a share-based incentive. This transaction was reported in compliance with Article 19 of the EU Market Abuse Regulation. The shares were transferred at a unit price of 0 EUR. Verkkokauppa.com is a prominent Finnish retailer specializing in consumer electronics and home and leisure products, operating both online and through four megastores. In 2023, the company reported a revenue of EUR 503 million and employs approximately 600 individuals. It is listed on the Nasdaq Helsinki Stock Exchange.

On April 4, 2024, Verkkokauppa.com Oyj's Annual General Meeting decided that the Board of Directors' annual fee would be paid in four equal installments using company shares. As a result, 2,561 shares were transferred to Henrik Pankakoski, a board member, as part of a share-based incentive, with no monetary transaction involved. This initial notification was made under Article 19 of the EU Market Abuse Regulation. Verkkokauppa.com is a Finnish retailer specializing in consumer electronics and home products, operating online and through four megastores. In 2023, the company had a revenue of EUR 503 million and employs about 600 people. It is listed on the Nasdaq Helsinki Stock Exchange.

Verkkokauppa.com Oyj announced a managers' transaction involving Irmeli Rytkönen, a member of its Board of Directors. On April 4, 2024, the company's Annual General Meeting decided that the Board's annual fee would be paid in four equal installments in the form of Verkkokauppa.com shares, either purchased from the market or using the company's treasury shares. As a result, on October 25, 2024, a total of 2,561 shares were transferred to Rytkönen as a share-based incentive, with a unit price of 0 EUR. Verkkokauppa.com is a leading Finnish retailer of consumer electronics and home & leisure products, serving both consumer and business customers online and through four megastores. Founded in 1992, the company had a revenue of EUR 503 million in 2023 and employs about 600 people. It is listed on the Nasdaq Helsinki Stock Exchange.

On October 25, 2024, Verkkokauppa.com Oyj announced a transaction involving Arja Talma, a member of its Board of Directors. In line with a resolution from the company's Annual General Meeting on April 4, 2024, Talma received 5,123 shares as part of her annual board fee. The shares were transferred as a share-based incentive, with a unit price of 0 EUR. Verkkokauppa.com is a Finnish retailer specializing in consumer electronics and home products, operating both online and through four megastores. The company, which was founded in 1992, reported a revenue of EUR 503 million in 2023 and is listed on the Nasdaq Helsinki Stock Exchange.

On October 25, 2024, Verkkokauppa.com Oyj announced a transaction involving Kati Riikonen, a member of its Board of Directors. Following a resolution made at the company's Annual General Meeting on April 4, 2024, it was decided that the Board's annual fee would be paid in four equal installments in the form of company shares. As part of this arrangement, 2,561 shares were transferred to Kati Riikonen. This transaction was conducted outside a trading venue and was reported under Article 19 of the EU Market Abuse Regulation. The shares were received as a share-based incentive with a unit price of 0 EUR. Verkkokauppa.com is a Finnish retailer specializing in consumer electronics and home & leisure products, operating both online and through physical stores, with a 2023 revenue of EUR 503 million. The company is listed on the Nasdaq Helsinki Stock Exchange.

On October 25, 2024, Verkkokauppa.com Oyj reported a managers' transaction involving Robin Bade, a member of the Board of Directors. Following a resolution at the company's Annual General Meeting on April 4, 2024, the Board's annual fee is paid in four instalments in company shares. Consequently, 2,561 shares were transferred to Robin Bade as a share-based incentive, with the transaction occurring outside a trading venue. The shares were transferred at a unit price of 0 EUR. Verkkokauppa.com is a Finnish retailer specializing in consumer electronics and home & leisure products, operating both online and through megastores, with a 2023 revenue of EUR 503 million. The company is listed on the Nasdaq Helsinki Stock Exchange.

Verkkokauppa.com Oyj has transferred 17,928 treasury shares to certain Board members as part of their annual fees, following a decision by the Annual General Meeting on April 4, 2024. The remuneration for Samuli Seppälä was fully paid in cash. Generally, 50% of Board fees are paid in company shares, either purchased from the market or using treasury shares. After this transfer, the company retains 86,345 treasury shares. Verkkokauppa.com is a Finnish retailer specializing in consumer electronics and home products, operating both online and through physical stores. In 2023, the company reported a revenue of EUR 503 million and employs around 600 people. It is listed on the Nasdaq Helsinki Stock Exchange.

Verkkokauppa.com released its Interim Report for January to September 2024, highlighting a challenging operating environment that impacted profitability. The company's revenue decreased by 3% in the third quarter, with a gross margin decline due to intense competition and low-margin sales, particularly electric bikes. The comparable operating result was negative, with a loss of EUR 0.7 million. Despite these challenges, the company strengthened its market share and cash position. The report also noted an increase in express deliveries and own brand product sales. Verkkokauppa.com updated its financial guidance, expecting lower revenue and operating results for 2024 compared to 2023. The company underwent organizational restructuring, resulting in personnel reductions to improve cost efficiency. A customer survey indicated high interest in sustainable electronics, and the company launched a buyback service for used electronics. Legal and financial updates included an ongoing appeal against a data protection fine and renewed financing arrangements. The Annual General Meeting approved various corporate decisions, including no dividend distribution to improve equity ratio.