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Verkkokauppa: Still waiting, but unlikely to be too long - SEB

We have said multiple times that we think Verkkokauppa.com is ready when consumers are. The company has invested in speedy deliveries, as it believes they will offer a competitive edge once the consumer market recovers. Sales declined by 3% for Q4/23 and 7.4% for FY/23, so the trend is slowly improving. Once demand recovers, we expect Verkkokauppa.com to post a strong profit uptick, as cost savings made have left a leaner organisation.

We have said multiple times that we think Verkkokauppa.com is ready when consumers are. The company has invested in speedy deliveries, as it believes they will offer a competitive edge once the consumer market recovers. Sales declined by 3% for Q4/23 and 7.4% for FY/23, so the trend is slowly improving. Once demand recovers, we expect Verkkokauppa.com to post a strong profit uptick, as cost savings made have left a leaner organisation.
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