Slide 1: Verkkokauppa.com Oyj Q1/2014
Verkkokauppa.com Oyj Q1/2014 - 25.4.2014 Samuli Seppälä CEO
Slide 2: Verkkokauppa.com's customer promise
Verkkokauppa.com’s customer promise “Probably always cheaper” Capital efficiency Price according with enabled by the leanest customer promise - operating model in the Low prices regardless of sales market channel Almost 50 000 Integrated Widest Best products from 22 business model assortment availab
Slide 3: Verkkokauppa.com's revenue
Verkkokauppa.com’s revenue Strictly private and confidential Established in 1992, Verkkokauppa.com has evolved from a pioneer in online retail into a Finnish market leader in multichannel retail Continuous growth has enabled Verkkokauppa.com to evolve into a powerhouse in Finnish consumer electronic
Slide 4: The leading Finnish online retailer in numbers
Verkkokauppa.com’s 2013 Strictly private and confidential The leading Finnish online retailer in numbers n°1 3 Online Retailer in Finland (1) n°1 Best online store Stores in major growth cities in Finland in Finland(2) n°1 Domestic online brand in ~35m Finland(3) Online visits in FY 2013(9) n°2 Cons
Slide 5: Q1/2014
Verkkokauppa.com’s Q1/2014 • Revenues of 60.6 (57.1) million euros, growth 6.1% • Operating profit was 2.1 (1.3) million euros, growth 61% • Operating profit was 3.5% of net sales (2.3%) • Net profit was 1.3 (1.0) million euros • Earnings per share were 0.23 (0.20) euros • Trading in the shares of V
Slide 6: Q1/2014 key ratios
Verkkokauppa.com’s Q1/2014 Key ratios 1-3/2014 1-3/2013 1-12/2013 Net sales, 1000 € 60 558 57 053 238 013 EBITDA, 1000 € 2 336 1 536 7 526 EBITDA, % 3.9% 2.7% 3.2% Operating profit, 1000 € 2 111 1 311 6 640 Operating profit, % net sales 3.5% 2.3% 2.8% Net profit, 1000 1 344 1 022 4 204 Equity ratio,
Slide 7: Gross margin and fixed costs
Verkkokauppa.com’s gross margin and fixed costs Gross margin% Fixes costs% of net sales 30 29,2% 25 25,2% 20 15 16,7% 15,7% 10 13,1% 12,6% 12,9% 12,7% 5 0 Retail in Finland Verkkokauppa.com Verkkokauppa.com Verkkokauppa.com 2012 2012 2013 2014/Q1 Sources: Statistics Finland, retail’s annual statemen
Slide 8: Retail trade sales in Finland
Retail trade sales in Finland 1-2/2014 3/2014
Slide 9: Q1/2014
Verkkokauppa.com’s Q1/2014 • Finland’s largest and most-visited Finnish online retailer, Verkkokauppa.com, revenue grew by 6.1% and operating profit increased significantly by 61%. • The sales margin stayed at a competitive level and fixed costs remained low, which resulted in market share growth in
Slide 10: Near future
Near future • The NASDAQ OMX First North listing strengthened the finan- cial position of the Company, which enables the development of customer finance services and the introduction of new pro- duct categories. • The larger supply and wider use of customer financing servi- ces in particular may inc
Slide 11: Retail evolution
Retail evolution • The retail evolution is continuing in Finland. Retail business is moving online and is growing in almost all product areas. Cur- rent developments are significantly influencing traditional re- tail business models impacting their sales and profitability. • The Company’s market pos
Slide 12: Medium-term targets
Medium-term targets • The Company strives to grow faster than its operating market and targets an annual net turnover growth of over 10 per cent in the medium-term. • The Company’s objective is to improve its EBITDA margin in the medium-term compared to the level in 2013. • The Company strives to se
Slide 13: Thank you!
Thank you! Questions? VERK Verkkokauppa__- PROBABLY ALWAYS CHEAPER a com FIRST NORTH LISTED
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