Verkkokauppa.com Oyj

On April 4, 2024, Verkkokauppa.com Oyj's Annual General Meeting decided that the annual fee for the company's Board of Directors would be paid in four equal installments in the form of Verkkokauppa.com shares. Following this decision, 2,145 shares were transferred to Kati Riikonen, a member of the Board, as part of a share-based incentive. The transaction was notified under Article 19 of the EU Market Abuse Regulation on July 19, 2024. The shares were transferred at a unit price of 0 EUR. Verkkokauppa.com is an e-commerce company known for its fast deliveries and competitive prices, with a revenue of EUR 503 million in 2023. The company is listed on the Nasdaq Helsinki stock exchange.

On 19 July 2024, Verkkokauppa.com Oyj announced a managers' transaction involving Enel Sintonen, a member of the Board of Directors. Following a resolution from the Annual General Meeting on 4 April 2024, the annual fee for the Board is paid in four equal instalments in shares. Consequently, 2,145 shares were transferred to Enel Sintonen as a share-based incentive. The transaction took place outside a trading venue and had a unit price of 0 EUR. Verkkokauppa.com Oyj, an e-commerce company listed on the Nasdaq Helsinki, reported a revenue of EUR 503 million in 2023 and employs around 700 people.

On July 19, 2024, Verkkokauppa.com Oyj announced that 2,145 shares were transferred to Irmeli Rytkönen, a member of the Board of Directors, as part of the annual fee resolution made during the Annual General Meeting on April 4, 2024. The transaction was conducted outside a trading venue with the shares valued at 0 EUR per unit. For more information, contact Marja Mäkinen, Head of Investor Relations and Corporate Communications. Verkkokauppa.com is a leading Finnish e-commerce company known for its fast deliveries and competitive prices, with a revenue of EUR 503 million in 2023 and approximately 700 employees. The company is listed on the Nasdaq Helsinki stock exchange.

On April 4, 2024, Verkkokauppa.com Oyj's Annual General Meeting decided that the annual fee for the Board of Directors would be paid in four equal installments using the company's shares. Following this decision, 2,145 shares were transferred to Robin Bade, a member of the Board, on July 19, 2024. This transaction, notified under Article 19 of the EU Market Abuse Regulation, involved shares with an ISIN of FI4000049812 and had a unit price of 0 EUR. Verkkokauppa.com Oyj, an e-commerce company founded in 1992 and listed on Nasdaq Helsinki, reported a revenue of EUR 503 million in 2023 and employs around 700 people. For further information, Marja Mäkinen, Head of Investor Relations and Corporate Communications, can be contacted.

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.

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.

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.

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.

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.

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.