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

Q3 2019 Europris ASA Earnings Call Transcript

Nov 01, 2019 / 07:30AM GMT
Release Date Price: kr29.2 (+17.08%)
PÃ;l Wibe
Europris ASA - CEO

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Message to the market today is basically that we had a fantastic quarter. I will say that we had what I could call monster growth on sales, but we have had very good growth all year on the top line. So I was particularly pleased this quarter with also having a very, very good growth on the bottom line.

And the retail is what I'd say the ultimate teamwork. So it's a huge credit to the team that we were able to perform at this level, I will come back to the key reasons why. But very, very satisfied. It was one of those quarters where you just got goal in all -- on all aspects of the profit and loss.

Yes, we are still -- we have not only cemented, but I think we have strengthened our position as the #1 in Norway in the discount variety retail sector. And as you know, if you read the papers, you think that retail is all dead, but, of course, it's not. There are certain sectors in the retail sector that is doing well. Discount variety retail is obviously one sector. Online is also a sector that is doing well, but of course not growing as much as

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