University of Kwazulu-Natal

Bhg Stock Financials Financial Performance And Reports

Bonisiwe Shabane
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bhg stock financials financial performance and reports

BHG is one of the largest consumer e-commerce companies in the Nordics. In addition to our Nordic operations, we also have a significant presence in the rest of Europe, as well as in selected markets outside of Europe. Our strong position in these markets makes us one of the leading European online pure-play retailers within the Home Improvement space, meaning Do-It-Yourself and Home Furnishings. ADDRESS BHG GroupNeptunigatan 1211 20 MalmöSverigeMEDIA ENQUIRIESpress@bhggroup.se +46 (0) 76 048 02 38 GENERAL ENQUIRIES hello@bhggroup.se© Copyright BHG Group ABPrivacy Policy In the second quarter we showed strong organic growth. The positive sales trend means that we have now grown for the last three quarters.

On the basis of available market data, we conclude that we have taken market share. We also improved our profitability year on year for the seventh consecutive quarter. – Continued organic sales growth in all three business areas, improved profitability for the seventh quarter in a row and improved cash flow from operating activities compared with the same period last year • On 1 April, it was announced that BHG had completed the sale of 100% of the shares in IP-Agency. The buyer was IPA Holding Oy, a company wholly owned and controlled by the founders of IP-Agency. The consideration of EUR 5.0 million was paid in cash.

* Refer to "Relevant reconciliations of non-IFRS alternative performance measures (APMs)" on page 29 of this report for a more detailed description. The underlying market continues to grow and in the second quarter we continued to show strong organic growth. In the first half of the year we have shown solid growth and effective cost control and have thereby significantly improved profitability compared to last year. Thanks to continued sales growth in the second quarter, we have now grown for the last three quarters. We grew 5.4% organically in the quarter and have grown 6.6% organically to date this year. On the basis of available market data, we conclude that we have taken market share.

We also improved our profitability year on year for the seventh consecutive quarter. In the second quarter, adjusted EBIT improved by SEK 19 million, or 19%, compared with the same period last year. Note that the underlying profitability improvement in the quarter is an additional approximately SEK 9 million better if the comparison period is adjusted for the divested businesses IP-Agency and Designkupp. During the first half of the year, we have improved EBIT by SEK 41 million or 42% compared to last year, which shows the operating leverage of our business model. The decisive measures we have taken during our restructuring phase in recent years have enabled us to establish a stable and scalable platform to further consolidate our market-leading position in the online segment. We are well prepared for our continuing journey of profitable growth in a market that we expect will improve during the year compared with last year and where we assess the online market to...

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally. More details Trading at 34.4% below our estimate of its fair value Earnings are forecast to grow 80.96% per year No risks detected for BHG from our risk checks. See what 8 others think this stock is worth.

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BHG Is One Of The Largest Consumer E-commerce Companies In

BHG is one of the largest consumer e-commerce companies in the Nordics. In addition to our Nordic operations, we also have a significant presence in the rest of Europe, as well as in selected markets outside of Europe. Our strong position in these markets makes us one of the leading European online pure-play retailers within the Home Improvement space, meaning Do-It-Yourself and Home Furnishings. ...

On The Basis Of Available Market Data, We Conclude That

On the basis of available market data, we conclude that we have taken market share. We also improved our profitability year on year for the seventh consecutive quarter. – Continued organic sales growth in all three business areas, improved profitability for the seventh quarter in a row and improved cash flow from operating activities compared with the same period last year • On 1 April, it was ann...

* Refer To "Relevant Reconciliations Of Non-IFRS Alternative Performance Measures

* Refer to "Relevant reconciliations of non-IFRS alternative performance measures (APMs)" on page 29 of this report for a more detailed description. The underlying market continues to grow and in the second quarter we continued to show strong organic growth. In the first half of the year we have shown solid growth and effective cost control and have thereby significantly improved profitability com...

We Also Improved Our Profitability Year On Year For The

We also improved our profitability year on year for the seventh consecutive quarter. In the second quarter, adjusted EBIT improved by SEK 19 million, or 19%, compared with the same period last year. Note that the underlying profitability improvement in the quarter is an additional approximately SEK 9 million better if the comparison period is adjusted for the divested businesses IP-Agency and Desi...

Operates As A Consumer E-commerce Company In Sweden, Finland, Denmark,

Operates as a consumer e-commerce company in Sweden, Finland, Denmark, Norway, rest of Europe, and internationally. More details Trading at 34.4% below our estimate of its fair value Earnings are forecast to grow 80.96% per year No risks detected for BHG from our risk checks. See what 8 others think this stock is worth.