Synsam AB (OSTO:SYNSAM)

kr 44.05 0.8 (1.85%) Market Cap: 6.51 Bil Enterprise Value: 9.24 Bil PE Ratio: 18.59 PB Ratio: 2.60 GF Score: 64/100

Q3 2024 Synsam AB (publ) Earnings Call Transcript
Nov 19, 2024

kr41.2 (-4.19%)

Earnings
Q2 2024 Synsam AB (publ) Earnings Presentation Transcript
Aug 23, 2024
Q2 2023 Synsam AB (publ) Earnings Call Transcript
Aug 22, 2023

kr39.95 (+3.36%)

Earnings
Q1 2023 Synsam AB (publ) Earnings Call Transcript
May 16, 2023

kr45.15 (+6.24%)

Earnings
Q4 2022 Synsam AB (publ) Earnings Call Transcript
Feb 22, 2023

kr41.34 (-2.08%)

Earnings

Q1 2023 Synsam AB (publ) Earnings Call Transcript

May 16, 2023 / 08:30AM GMT

Release Date Price: kr45.15 (+6.24%)

Transcript

Operator

Good morning, and welcome to the Q1 2023 earnings conference call. (Operator Instructions) Please note, this event is being recorded. I would now like to turn the conference over to Martin Daniels, Deputy CEO; and Per Hedblom, CFO. Please go ahead, gentlemen.

Martin Daniels;publ;Deputy CEO;Chief Innovation Officer

Synsam AB

()-&

Thank you, and good morning, everyone. We are happy to present the Q1 2023 results for Synsam Group. And let us start off with a summary. Net sales amounted to about SEK 1.4 billion and with a very strong growth of 19%, we are continuing to drive a strong top line growth even in this challenging market.

Also very positive to see that the gross margin has now stabilized following up an improved Q4 compared to Q2 and Q3 of last year, and we're now at a good level of 76.6%. The growth, very strong during the quarter, as mentioned, and the underlying like-for-like growth, i.e., the stores that we had coming into 2022 during the quarter amounted to 14%.

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