Verkkokauppa: Sales grew in Q1 after 13 consecutive quarters of decline - SEB
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Verkkokauppa: Sales grew in Q1 after 13 consecutive quarters of decline - SEB

Verkkokauppa.com is a retail bellwether as its products are investment-like goods with average ticket size over EUR 100. Verkkokauppa.com’s revenues grew by 2.4% after 13 quarters of a decline. Gross margin expanded by 140bp to 18.8% which, an all-time high. Adj. fixed costs were down, so prudent cost management is now bearing fruit as adj. EBIT came up to EUR 3.2m (0.5m). Verkkokauppa.com kept its guidance that 2025 will be a better year than 2024.

Verkkokauppa.com is a retail bellwether as its products are investment-like goods with average ticket size over EUR 100. Verkkokauppa.com’s revenues grew by 2.4% after 13 quarters of a decline. Gross margin expanded by 140bp to 18.8% which, an all-time high. Adj. fixed costs were down, so prudent cost management is now bearing fruit as adj. EBIT came up to EUR 3.2m (0.5m). Verkkokauppa.com kept its guidance that 2025 will be a better year than 2024.
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