Q3 2023 – the quarter in brief• Net revenue was SEK 236.4 (284.3) million, corresponding to -16.9% (-9.0%)• Gross profit was SEK 119.8 (118.1) million, corresponding to a gross margin of 50.7% (41.5%)• Operating profit was SEK 12.8 (-11.9) million, corresponding to an operating margin of 5.4% (-4.2%)• Profit after tax was SEK 9.1 (-15.9) … Continued
Q2 2023 – The quarter in brief Net revenue was SEK 288.6 (339.4) million, corresponding to a fall of -15.0% (-14.5%) Gross profit was SEK 141.4 (161.4) million, corresponding to a gross margin of 49.0% (47.6%) Operating profit was SEK 7.7 (-18.5) million, corresponding to an operating margin of 2.7% (-5.5%) Net income was SEK … Continued
Q1 2023 – the quarter in brief
Nelly Group AB (publ), reg. no. 556035-6940, (“Nelly”) has today been informed that the Nomination Committee proposes the election of Ebba Ljungerud, Axel Medefelt and Lennart Sparud as new Board members, and that Ebba Ljungerud is elected new Chair of the Board at the Annual General Meeting in May 2023. The Nomination Committee further proposes the re-election of Josephine Salenstedt, Stefan Palm and Daniel Hörnqvist. The Chair of the Board Mathias Pedersen and the Board members Sandra Backlund and Maj-Louise Pizzelli have declined re-election.
On 3 February 2023, Nelly Group AB (publ) (“Nelly” or the “Company”) announced that the Board had resolved on a fully secured new issue of shares with preferential rights for existing shareholders (the “Rights Issue”) subject to approval by an Extraordinary General Meeting to be held on 14 March 2023. The Board of Nelly has today resolved on the terms of the Rights Issue of approximately SEK 53 million.
Nelly Group year-end report 2022
The Board of Nelly Group AB (publ) (“Nelly” or the “Company”) has today resolved on a new share issue with preferential rights for existing shareholders of approximately SEK 50 million before deduction of issuing costs (the “Rights Issue”). The purpose of the Rights Issue is to secure liquidity and enable Nelly to continue its transformation towards profitability. The Rights Issue is fully secured by subscription commitments and guarantee undertakings from the Company’s three largest shareholders Rite Ventures, Stefan Palm (through company) and Mandatum. The Rights Issue is subject to approval by an Extraordinary General Meeting to be held on 14 March 2023.
Nelly Group AB (publ) (“Nelly”) today announced that Ludvig Anderberg has informed the Board that he intends to leave his position as CEO of Nelly. The Board has decided to appoint Helena Karlinder-Östlundh, Chief Transformation & People Officer at Nelly, as acting CEO with effect from 16 January 2023.
Q3 2022 – the quarter in brief Net revenue amounted to SEK 284.3 (312.6) million, corresponding to a fall of 9.0% (2.1%) Gross profit totalled SEK 118.1 (143.4) million, corresponding to a gross margin of 41.5% (45.9%) Operating loss was SEK -11.9 (-27.3) million, corresponding to an operating margin of -4.2% (-8.7%) Net income was … Continued
Nelly Group AB (publ) (“Nelly”) has today made the decision to introduce a cost reduction programme, which will remove 40-50 million SEK from its ongoing operating expenses on a yearly basis. This is a reduction of 15-19% as compared to the 2021 financial year. The full benefits of the programme are expected to be realised as of the second quarter of 2023.
