Europris ASA (OSL:EPR)
kr 68.7 -0.95 (-1.36%) Market Cap: 11.24 Bil Enterprise Value: 14.70 Bil PE Ratio: 12.54 PB Ratio: 3.07 GF Score: 93/100
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Q2 2019 Europris ASA Earnings Call Transcript

Jul 12, 2019 / 07:00AM GMT
Release Date Price: kr26 (-5.80%)
PÃ;l Wibe
Europris ASA - CEO

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Okay. So I welcome you to the quarterly presentation of Europris. As usual, we would start with -- know a lot registered today, but we will have some handouts. And of course, it's summer so we have a family package of Mr.Freeze. You can buy it at Europris at NOK 29.90 or you can go to Kiwi and pay NOK 48.90, so it's your choice. And this is also something for the snacks, 4 for NOK 20. You can buy it at Nille, 1 for NOK 10, but 4 for NOK 20 sounds better, so that's also an offer. So we have a goodie bag for those of you who have -- who are attending today, so please feel free to pick it up before you leave.

The main message today is, overall, of course, we are not satisfied with delivering results which is lower than last year. There's 1 bad news and 3 good news. The bad news is that the costs in the very central warehouse and in logistics was much higher than expected. That's the bad news. The good news is that we have a sales growth which I think is among the best in the market. And I think I've never seen actually such a gap to the market as we are

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