Verkkokauppa.com Oyj

Verkkokauppa.com Oyj

Pressreleases, rapporter och nyheter för Verkkokauppa.com Oyj

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Nyhetsuppdatering från Verkkokauppa.com Oyj
Förändringar i återköpta aktier: Transfer of shares held by Verkkokauppa.com Oyj for the payment of the remuneration to the Board of Directors - change in company's treasury shares

Verkkokauppa.com Oyj has transferred 15,014 treasury shares to certain Board of Directors members as part of their annual remuneration, following a decision from the Annual General Meeting on 4 April 2024. The remuneration for Samuli Seppälä was paid entirely in cash. As a general rule, 50% of the annual Board fees are paid in company shares. After this transfer, the company holds 243,455 treasury shares. Verkkokauppa.com Oyj is an e-commerce company listed on the Nasdaq Helsinki stock exchange, with a revenue of EUR 503 million in 2023 and approximately 700 employees.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Halvårsrapport: Verkkokauppa.com Oyj HALF-YEAR REPORT for 1 January - 30 June 2024: Low demand and intense price competition weakened Verkkokauppa.com's profitability

Verkkokauppa.com released its half-year report for January to June 2024, highlighting a challenging market environment with low consumer confidence and intense price competition, which weakened profitability. The company's revenue for the second quarter was EUR 105.5 million, a 6% decline from the previous year. The comparable operating result was EUR -1.7 million, impacted by low demand, price competition, and increased costs. The first half of 2024 saw a revenue decline of 9% to EUR 213.5 million, with a net loss of EUR 3.1 million. CEO Panu Porkka noted that while demand for discretionary products was weak, the company's strategic growth areas, such as online and own-brand sales, performed better than average. Despite the challenging conditions, Verkkokauppa.com continued to focus on operational efficiency and strategic growth projects, including expanding one-hour deliveries. The company updated its financial guidance for 2024, expecting lower revenue and operating results compared to 2023 unless there is a positive market turn in the latter half of the year. Key risks include changes in consumer behavior, supply chain disruptions, and geopolitical factors. Verkkokauppa.com also reported on its sustainability efforts, management changes, and shareholder information. The company held a Capital Markets Day in May and organized virtual news conferences for analysts and investors.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Insiderinformation: Inside information, profit warning: Verkkokauppa.com lowers financial guidance for 2024 and provides preliminary information on financial performance for the first half of the year

Verkkokauppa.com has revised its financial guidance for 2024, anticipating lower revenue and comparable operating results than in 2023, unless there is a positive market shift in the latter half of the year. This adjustment is due to a challenging market environment, slow economic recovery, and low consumer confidence, particularly affecting discretionary purchases like consumer electronics. The new guidance contrasts with the earlier forecast, which expected revenue to remain at 2023 levels and an increase in comparable operating profit. Preliminary figures for the second quarter of 2024 show a revenue of EUR 105.5 million and a comparable operating result of EUR -1.7 million. The company will release its half-year financial report on 18 July 2024. Verkkokauppa.com, an e-commerce pioneer founded in 1992 and listed on Nasdaq Helsinki, reported a revenue of EUR 503 million in 2023 and employs around 700 people.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Nyheter för investerare: Verkkokauppa.com to publish January-June 2024 Half-year Report on 18 July 2024

Verkkokauppa.com Oyj will release its January-June 2024 Half-year Report on 18 July 2024 at approximately 8:00 a.m. Finnish time. CEO Panu Porkka will present the results in Finnish via a live webcast at 10:00 a.m. and in English at 11:00 a.m. on the same day. The presentations can be viewed live at verklive.com or on the company's investor website, where the presentation material and an on-demand recording will also be available. Questions can be submitted via email to investors@verkkokauppa.com. For further information, contact Marja Mäkinen, Head of Investor Relations and Corporate Communications. Verkkokauppa.com is an e-commerce company founded in 1992, with a 2023 revenue of EUR 503 million and approximately 700 employees. It is listed on the Nasdaq Helsinki stock exchange.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Nyheter för investerare: Verkkokauppa.com's Capital Markets Day program 30 May 2024 - welcome to follow the live webcast

Verkkokauppa.com, a Finnish e-commerce company, will host a Capital Markets Day on May 30, 2024. The event, which will be webcast live from 12:30 to approximately 15:35 Helsinki time (EEST), will feature presentations by the company's management on their updated strategy for accelerating profitable growth. Topics include expanding product assortments, introducing own brand products, entering new markets, and enhancing service offerings. Institutional investors, equity analysts, and media representatives are invited to attend, and the event will be conducted in English. The full agenda and webcast link are available on the investor's website. Recordings and presentation materials will be accessible after the event. For more information, contact Marja Mäkinen, Head of Investor Relations and Corporate Communications.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Transaktioner utförda av personer i ledande ställning: Verkkokauppa.com Oyj - Managers' Transactions - Berlin

Verkkokauppa.com Oyj announced a managers' transaction involving Satu Berlin, a member of the company's management team. The transaction, compliant with Article 19 of the EU Market Abuse Regulation, was an acquisition of shares on May 24, 2024, at NASDAQ Helsinki. Berlin acquired a total of 1,800 shares at a unit price of 2.25 EUR, with the total volume weighted average price also being 2.25 EUR. For further information, Marja Mäkinen, Head of Investor Relations and Corporate Communications, can be contacted. Verkkokauppa.com Oyj is a Finnish e-commerce company founded in 1992, with a 2023 revenue of EUR 503 million and approximately 700 employees. The company is listed on the Nasdaq Helsinki stock exchange.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Nyheter för investerare: Verkkokauppa.com's Capital Markets Day on 30 May 2024

Verkkokauppa.com Oyj has invited investors, analysts, and media representatives to its Capital Markets Day on 30 May 2024. The event will take place at Studio Eliel in Helsinki, starting at 11:00 with lunch, followed by presentations from the CEO and other company executives. The company will discuss its growth strategy and financial targets. Attendees will have the opportunity to ask questions and engage in informal discussions with the management. The event will also be broadcasted live on the company's investor website. Verkkokauppa.com is a leading e-commerce company in Finland with a revenue of EUR 503 million in 2023.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Ändring av styrelse/ledning/revisor: Verkkokauppa.com Oyj: Jesper Blomster appointed as new CFO and member of the management team in Verkkokauppa.com Oyj

Jesper Blomster has been appointed as the new Chief Financial Officer (CFO) and a member of the management team at Verkkokauppa.com Oyj, effective from May 7, 2024. Blomster, who previously worked at Fiskars and held key finance positions at other companies, replaces the current CFO Mikko Forsell. CEO Panu Porkka praised Blomster's experience and versatility in finance roles and retail. Verkkokauppa.com is an e-commerce company based in Finland, listed on the Nasdaq Helsinki stock exchange, with a revenue of EUR 503 million in 2023.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Flaggningsanmälan: Verkkokauppa.com Oyj: Announcement of a change in shareholding according to Chapter 9, Section 10 of the Finnish Securities Market Act; Samuli Seppälä's holding in Verkkokauppa.com

Verkkokauppa.com Oyj has announced a change in shareholding, as per the Finnish Securities Market Act. The company received a notification on 3 May 2024 that Samuli Seppälä's stake in the firm had fallen below 30%. Following the transaction, Seppälä now holds 29.43% or 13,347,000 shares of Verkkokauppa.com Oyj. The company, an e-commerce pioneer, has a total of 45,354,532 shares, each corresponding to one vote. Verkkokauppa.com Oyj reported revenue of EUR 503 million in 2023 and is listed on the Nasdaq Helsinki stock exchange.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Transaktioner utförda av personer i ledande ställning: Verkkokauppa.com Oyj - Managers' Transactions - Seppälä

Verkkokauppa.com Oyj, an e-commerce company, has received a notification from its board member, Samuli Seppälä, about a transaction he made with the company's financial instrument. The transaction, which was off-exchange, involved the disposal of 280,000 shares at a unit price of 2.2 EUR. This information is in line with the Article 19 of the EU Market Abuse Regulation. Verkkokauppa.com, which was founded in 1992, is listed on the Nasdaq Helsinki stock exchange and had a revenue of EUR 503 million in 2023.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Transaktioner utförda av personer i ledande ställning: Verkkokauppa.com Oyj - Managers' Transactions - Irmeli Rytkönen

The Annual General Meeting of Verkkokauppa.com Oyj, an e-commerce company, decided on 4 April 2024 that the company's Board of Directors' annual fee would be paid in four equal instalments in Verkkokauppa.com shares. These shares can either be bought from the market or taken from the company's treasury shares. As per this resolution, 1,953 shares have been transferred to Irmeli Rytkönen, a board member. The transaction was carried out outside a trading venue and is part of a share-based incentive. The company, listed on the Nasdaq Helsinki stock exchange, had a revenue of EUR 503 million in 2023 and employs around 700 people.

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Main Market, Helsinki News
Nyhetsuppdatering från Verkkokauppa.com Oyj
Transaktioner utförda av personer i ledande ställning: Verkkokauppa.com Oyj - Managers' Transactions - Robin Bade

The Annual General Meeting of Verkkokauppa.com Oyj, held on 4 April 2024, decided that the company's Board of Directors' annual fee would be paid in four equal instalments using Verkkokauppa.com shares. Following this decision, Robin Bade, a member of the board, received a total of 1,953 shares. The shares were either purchased from the market or taken from the company's treasury shares. This transaction is in compliance with Article 19 of the EU Market Abuse Regulation. Verkkokauppa.com Oyj is a leading e-commerce company based in Finland, listed on the Nasdaq Helsinki stock exchange.

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