Aktuellt
SENASTE
Footway Group, the online retailer of foot and sportswear, recorded Q1 OCF of SEK 4m, a significant improvement y/y from SEK -67m in Q1/22. Inventory management was the main driver. Ending Q1 with stock-in-trade at SEK 520m is a SEK 220m y/y reduction. Q1 sales (-8% y/y) and adj. LBITA of SEK 23m surprised versus our forecasts. We are contemplating leaving our estimates broadly unchanged and reiterate our SEK 6.50 mid-point value for Footway Group.
LÄS MER
