Lindex Group PLC (FRA:SOMB)
€ 2.425 0.005 (0.21%) Market Cap: 431.53 Mil Enterprise Value: 1.05 Bil PE Ratio: 124.00 PB Ratio: 1.06 GF Score: 48/100

Half Year 2023 Stockmann Oyj Abp Earnings Call Transcript

Jul 21, 2023 / 07:00AM GMT
Release Date Price: €2.11 (-1.86%)
Susanne EhnbÃ;ge
Stockmann Oyj Abp - CEO

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Good morning, everyone. I'm Susanne Ehnbåge, and I'm the CEO of the Stockmann Group, and I would like to welcome you to this press and analyst webcast related to Stockmann Group's half year financial report. With me, I have Annelie Forsberg, she's the CFO of the Stockmann Group.

And if we then continue on the next page, we have today's agenda. So please switch page. So today we will together give you a short introduction to the performance of the group. Then we will take a look into a business update for both divisions, followed by the financial development and our way forward. We will end with a Q&A session where we will answer your questions and we can go to the next page please.

So May 12, I was appointed CEO of the Stockmann Group. Prior to that had been the CEO of Lindex for almost five years. And I am honored by the trust to now also lead Stockmann Group's continued development. The journey continues now to secure improved profitability and to seek growth.

Since my appointment, I've focused to deep dive

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