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Verkkokauppa.com organised a CMD today, 30 May, that discussed competitive advantages and shed light on the strategic targets given in November 2023. Verkkokauppa.com targets over 5% annual sales growth and adj. EBIT margin exceeding 5%. We calculate that reaching a 5% EBIT margin will likely mean expanding gross margins by 150bp, driven by growth in the sales of own-branded products; we currently have c. 100bp expansion in our estimates.
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