Q3 2021 Cdon AB Earnings Call Transcript

Oct 21, 2021 / 12:00PM GMT

Release Date Price: €32.02 (-4.53%)

Transcript

Operator

Hello, and welcome to the CDON Audiocast with Teleconference Q3 2021. (Operator Instructions) Today, I am pleased to present Josephine Salenstedt, Chairperson of the Board; Allan Junge-Jensen, Interim CEO; and Niclas Szieger, CFO. Please go ahead.

Josephine Eva Salenstedt

CDON AB - Chairman of the Board

Hi. Welcome, everyone, to the call. I hope you're doing well. My name is Josephine Salenstedt, and I'm the Chairperson of CDON. I'm also a partner of Rite Ventures, which owns about 25% of CDON.

With me on the call, I have Allan Junge-Jensen, Interim CEO since early Q3; and our CFO, Niclas Szieger. Today, I'm going to do a short introduction to our strategy and then hand over to Allan and Niclas, who will give you a deep dive into our execution results of Q3.

Let's jump straight into the next slide. We have built our execution priorities around 4 pillars. First, CDON aims to become the starting point of shopping in the Nordics. Right now, a large part of our population in the Nordics are familiar with the CDON brand, but we are not yet their

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