Year-end report 2022 Nelly Group AB “Nelly”
Nelly Group year-end report 2022
Nelly Group year-end report 2022
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
Q2 2022 – Financial highlights Net revenue fell to SEK 339.4 (396.7) million, corresponding to a decrease of 14.5% (1.4%) The gross margin increased to 47.6% (46.0%). Gross profit totalled SEK 161.4 (182.3) million Operating loss was SEK -18.5 (7.0) million, corresponding to an operating margin of -5.5% (1.8%). Operating profit excluding provisions related to … Continued
Q1 2022 – Financial highlights Net revenue fell to SEK 288.1 (311.8) million, corresponding to growth of -7.6% (3.0%) The gross margin increased to 44.3% (43.7%). Gross profit totalled SEK 127.5 (136.3) million Operating profit was SEK -23.9 (-15.1) million, corresponding to an operating margin of -8.3% (-4.8%) Net income from continuing operations was SEK -28.5 … Continued
A stronger Nelly
First part of relaunch complete – full focus on continued repositioning of Nelly
Improved operating result and new automated warehouse successfully up and running
Relaunch of Nelly Progresses Well
Relaunch of Nelly
SPLIT-UP BEING FINALIZED THIRD QUARTER Net sales amounted to SEK 460.7 (540.8) million – CDON increased external merchant’s sales by 100 percent. Net sales increased by 82 percent for CDON Marketplace (service income) and decreased by 42 percent for CDON Retail (sale of own goods). – Nelly’s sales in the Nordics decreased by 3 percent but … Continued