Finland's Verkkokauppa beats Q4 revenue estimates, sees gradual demand recovery in 2026

Verkkokauppa.com Oyj

12/02/2026 06:19

Overview

Finnish e-commerce firm's Q4 revenue rose 20.1%, beating analyst expectations

Comparable operating result for Q4 improved significantly year-over-year

Company completed sale of consumer finance business, contributing to non-recurring gain

Outlook

Verkkokauppa.com expects 2026 revenue and comparable operating result to increase

Company sees gradual recovery in market demand amid subdued consumer confidence

Competition expected to remain intense in 2026

Result Drivers

REVENUE GROWTH - Revenue increased by 20.1% to EUR 168.3 mln, driven by strong performance in IT and Entertainment categories and successful Black Friday campaign

INTERNATIONAL SALES - International revenue rose 88.8%, supported by strong performance in Sweden and Central Europe

OPERATIONAL EFFICIENCY - Improved supplier terms and dynamic pricing helped maintain gross margin at 16.3% despite intense promotions

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
Beat
EUR 168.30 mln
EUR 155.43 mln (4 Analysts)
Q4 Gross Margin
16.30%
Q4 Comparable EBIT
EUR 5.80 mln
Q4 Comparable EBIT Margin
3.40%
Q4 EBITDA
EUR 7 mln


Analyst Coverage

The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 3 "strong buy" or "buy", no "hold" and no "sell" or "strong sell"

The average consensus recommendation for the department stores peer group is "buy"

Wall Street's median 12-month price target for Verkkokauppa.com Oyj is €4.30, about 13.8% above its February 11 closing price of €3.78

The stock recently traded at 17 times the next 12-month earnings vs. a P/E of 17 three months ago

Press Release: ID:nMFN1TNySf

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(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.)