Brief: Nelly Q4 Revenue Falls 5% YoY in Challenging Market

Nelly AB (publ)

03/02/2023 07:18

Feb 3 (Reuters) - Nelly Q4 EBIT SEK -1.8 million.
* Q4 EBIT margin -0.5%
* Q4 net income SEK -7.9 million
* Q4 gross margin 41.1%
* Q4 EPS SEK -0.44
* Q4 revenue SEK 387.2 million
* Q4 in particular was even more dominated by inflation, consumer anxiety and
high pressure to reduce prices
* Saw a continued decline in total footfall, and net revenue fell by 4.9% on
the previous year