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KJELL Kjell AB (publ) News Story

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Sweden's Kjell Group prelim Q4 net sales fall 9.9%

Overview

Sweden electronics accessory firm's preliminary Q4 net sales fell 9.9% yr/yr

Adjusted EBITA for Q4 rose to MSEK 37.8, improving margin to 5.4%

Company announces directed share issue of MSEK 60 and rights issue of MSEK 145.5

Outlook

Kjell Group did not provide specific financial guidance for future periods

Result Drivers

WAREHOUSE OUTSOURCING - Kjell Group outsourced warehouse operations following relocation to new facilities

FINANCIAL RESTRUCTURING - Directed share issue of MSEK 60 and rights issue of MSEK 145.5 announced

TRANSFORMATION IMPACT - CEO stated transformation affects seasonal logic and routine operations

Key Details

MetricBeat/MissActualConsensus Estimate
Q4 Adjusted EPS-SEK 0.03
Q4 Net Income-SEK 2 mln
Q4 Operating Profit-SEK 6.20 mln
Press Release: ID:nMFN5CT6z For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com. (This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

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