Nelly Group AB (FRA:CD20)
€ 2.52 -0.005 (-0.2%) Market Cap: 78.80 Mil Enterprise Value: 84.89 Mil PE Ratio: 12.86 PB Ratio: 4.03 GF Score: 45/100

Q2 2019 Qliro Group AB (publ) Earnings Call Transcript

Jul 12, 2019 / 08:00AM GMT
Release Date Price: €9.39 (-1.58%)
Operator

Good morning, ladies and gentlemen, and thank you for holding. Welcome to the Qliro Group Q2 2019 Conference Call. (Operator Instructions) Today's conference is being recorded. I will now hand the call over to Marcus Lindqvist, Chief Executive Officer, Qliro Group; who is joined by Mathias Pedersen, Chief Financial Officer.

Marcus Lindqvist;publ;CEO;President
Qliro Group AB

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Thank you, operator. Good morning, everyone, and welcome to this conference call regarding Qliro Group's second quarter results.

Let's start the call by taking a look at our strategic direction and some progress made during the last quarter. As you know, our strategy is to operate Qliro Financial Services, CDON Marketplace and Nelly as 3 independent companies. We believe that this will create the best prospects for the companies and thereby, increased shareholder value.

And in the second quarter, Qliro Financial Services continued to be successful when it comes to new merchant recruitment, CDON Marketplace increased

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