Verkkokauppa.com calculates its guidance for 2024. The company expects turnover and comparable operating profit to decrease from 2023.
In its earlier guidance, the company expected turnover to remain the same as last year and comparable turnover to increase from last year. The company’s turnover last year was 502.9 million euros and the comparable EBIT was 6.1 million euros.
The reason for the earnings warning is the slower-than-expected recovery of the economy and the market, and thus sluggish demand. The company says that price-driven campaigning has become a driving factor in market development.
The company says there are still uncertainties related to the guidelines, as Verkkokauppa.com’s business is seasonal. The company’s turnover and profit depend especially on the sales of the last quarter.
Source: www.arvopaperi.fi
