Reported Earnings • Jul 10
Second quarter 2026 earnings released: EPS: kr1.50 (vs kr1.69 in 2Q 2025) Second quarter 2026 results: EPS: kr1.50 (down from kr1.69 in 2Q 2025). Revenue: kr3.69b (down 2.8% from 2Q 2025). Net income: kr244.7m (down 11% from 2Q 2025). Profit margin: 6.6% (down from 7.3% in 2Q 2025). The decrease in margin was driven by lower revenue. Revenue is forecast to grow 4.9% p.a. on average during the next 3 years, compared to a 10% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 10% per year, which means it is well ahead of earnings. Aankondiging • Mar 19
Europris ASA Announces Tom Vidar Rygh Not Standing for Re-Election Europris ASA announced that Tom Vidar Rygh (chair) has informed the nomination committee that he does not want to be nominated for re-election at the upcoming annual general meeting. Mr. Rygh has taken an active part in Europris as chair since 2012. Aankondiging • Jan 29
Europris ASA Proposes Ordinary Cash Dividend for 2025, Payable on 11 May, 2026 Europris ASA's board of directors proposed to the Annual General Meeting an ordinary dividend for 2025 of NOK 3.75 per share. Last day including right: 29 April 2026. Ex-date: 30 April 2026. Record date: 4 May 2026. Payment date: 11 May 2026. Date of approval: 29 April 2026. Aankondiging • Aug 12
Europris Asa Announces CEO Changes At Öob, Effective Date Is November 1, 2025 Europris ASA announced the appointment of Anders Lorentzson as CEO of its Swedish subsidiary ÖoB, effective November 1, 2025. Mr. Lorentzson joins from Hemtex, where he has served as CEO since 2018. He has a career spanning over 20 years in the retail sector, holding various senior management positions. His extensive experience includes roles in grocery retail with the Ica group, electronics with Expert, and home textiles with Hemtex. Mr. Lorentzson is a Swedish citizen and resides in Sweden. Aankondiging • Jan 29
Europris ASA Proposes Ordinary Cash Dividend for 2024, Payable on 6 May 2025 The board of directors of Europris ASA has decided to propose to the Annual General Meeting an ordinary dividend for 2024 of NOK 3.50 per share. Ex-date is 25 April 2025. Record date is 28 April 2025. Payment date is 6 May 2025. Date of approval is 24 April 2025. Reported Earnings • Nov 01
Third quarter 2024 earnings released: EPS: kr0.52 (vs kr0.89 in 3Q 2023) Third quarter 2024 results: EPS: kr0.52 (down from kr0.89 in 3Q 2023). Revenue: kr3.24b (up 50% from 3Q 2023). Net income: kr83.6m (down 42% from 3Q 2023). Profit margin: 2.6% (down from 6.7% in 3Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 11% p.a. on average during the next 3 years, compared to a 9.9% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 8% per year whereas the company’s share price has fallen by 3% per year. Aankondiging • Oct 30
Europris ASA Announces Resignation of Claus Juel-Jensen as Director Europris ASA announced that Mr. Claus Juel-Jensen has given the board the notice that he will resign as director from October 30,2024. Mr. Juel-Jensen regrets this, but unfortunately he has to prioritise other engagements. Recent Insider Transactions • Jul 16
Independent Director recently sold €917k worth of stock On the 11th of July, Pal Wibe sold around 145k shares on-market at roughly €6.33 per share. This transaction amounted to 50% of their direct individual holding at the time of the trade. This was the largest sale by an insider in the last 3 months. This was the only on-market transaction from insiders over the last 12 months. Reported Earnings • Jul 14
Second quarter 2024 earnings released: EPS: kr1.65 (vs kr1.61 in 2Q 2023) Second quarter 2024 results: EPS: kr1.65 (up from kr1.61 in 2Q 2023). Revenue: kr3.11b (up 35% from 2Q 2023). Net income: kr266.2m (up 2.5% from 2Q 2023). Profit margin: 8.6% (down from 11% in 2Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 12% p.a. on average during the next 3 years, compared to a 11% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 5% per year but the company’s share price has increased by 3% per year, which means it is well ahead of earnings. Aankondiging • Jun 20
Europris ASA to Report Fiscal Year 2024 Final Results on Mar 21, 2025 Europris ASA announced that they will report fiscal year 2024 final results on Mar 21, 2025 Aankondiging • Jun 19
Europris ASA, Annual General Meeting, Apr 24, 2025 Europris ASA, Annual General Meeting, Apr 24, 2025. Reported Earnings • Apr 28
First quarter 2024 earnings released: EPS: kr0.29 (vs kr0.44 in 1Q 2023) First quarter 2024 results: EPS: kr0.29 (down from kr0.44 in 1Q 2023). Revenue: kr2.03b (up 4.8% from 1Q 2023). Net income: kr46.6m (down 34% from 1Q 2023). Profit margin: 2.3% (down from 3.7% in 1Q 2023). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.9% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has fallen by 3% per year whereas the company’s share price has remained flat. Upcoming Dividend • Apr 25
Upcoming dividend of kr3.25 per share Eligible shareholders must have bought the stock before 02 May 2024. Payment date: 13 May 2024. Payout ratio is a comfortable 58% and this is well supported by cash flows. Trailing yield: 4.1%. Lower than top quartile of German dividend payers (4.8%). Higher than average of industry peers (1.2%). Aankondiging • Mar 23
Europris ASA (OB:EPR) signed share purchase agreement to acquire to acquire remaining 80% stake in Runsvengruppen AB for NOK 200 million. Europris ASA (OB:EPR) signed share purchase agreement to acquire to acquire remaining 80% stake in Runsvengruppen AB for NOK 200 million on March 21, 2024. The final purchase price is NOK 200.5 million of which NOK 13 million will be paid in cash and NOK 187.5 million will be paid with Europris treasury shares (2,579,678 shares at an implied value of NOK 72.70 per share, reflecting the proposed dividend of NOK 3.25 per Europris share). The Europris consideration shares will be subject to a customary 12-month lock-up. Closing and settlement is subject to Foreign Direct Investment (FDI) approval from Swedish authorities. Anticipated closing of the transaction is in May 2024. Reported Earnings • Mar 22
Full year 2023 earnings released: EPS: kr5.64 (vs kr6.34 in FY 2022) Full year 2023 results: EPS: kr5.64 (down from kr6.34 in FY 2022). Revenue: kr9.47b (up 5.0% from FY 2022). Net income: kr908.6m (down 11% from FY 2022). Profit margin: 9.6% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Like-for-like sales growth: 2.6% vs FY 2022 Revenue is forecast to grow 3.8% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 10% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 04
Full year 2023 earnings released: EPS: kr5.64 (vs kr6.34 in FY 2022) Full year 2023 results: EPS: kr5.64 (down from kr6.34 in FY 2022). Revenue: kr9.47b (up 5.0% from FY 2022). Net income: kr908.2m (down 11% from FY 2022). Profit margin: 9.6% (down from 11% in FY 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.6% p.a. on average during the next 3 years, compared to a 8.7% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 2% per year but the company’s share price has increased by 11% per year, which means it is tracking significantly ahead of earnings growth. Declared Dividend • Feb 04
Dividend of kr3.25 announced Shareholders will receive a dividend of kr3.25. Ex-date: 2nd May 2024 Payment date: 13th May 2024 Dividend yield will be 49%, which is higher than the industry average of 1.9%. Sustainability & Growth Dividend is well covered by both earnings (49% earnings payout ratio) and cash flows (37% cash payout ratio). The dividend has increased by an average of 13% per year over the past 8 years and payments have been stable during that time. EPS is expected to grow by 20% over the next 3 years, which should provide support to the dividend and adequate earnings cover. Aankondiging • Feb 01
Europris ASA Proposes Ordinary Cash Dividend for 2023, Payable on 13 May 2024 The board of directors of Europris ASA has decided to propose to the Annual General Meeting an ordinary dividend for 2023 of NOK 3.25 per share. Ex-date is 2 May 2024. Record date is 3 May 2024. Payment date is 13 May 2024 Date of approval is 30 April 2024. Reported Earnings • Nov 06
Third quarter 2023 earnings released: EPS: kr0.89 (vs kr1.16 in 3Q 2022) Third quarter 2023 results: EPS: kr0.89 (down from kr1.16 in 3Q 2022). Revenue: kr2.15b (up 5.0% from 3Q 2022). Net income: kr143.6m (down 23% from 3Q 2022). Profit margin: 6.7% (down from 9.1% in 3Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.0% p.a. on average during the next 3 years, compared to a 8.8% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 8% per year whereas the company’s share price has increased by 4% per year. New Risk • Jul 16
New minor risk - Insider selling There has been significant insider selling in the company's shares over the past 3 months. Total value of shares sold: €1.7m This is considered a minor risk. There are several reasons why an insider may be selling, including to cover a tax obligation or pay for some other expense. However, we generally consider it a negative if insiders have been selling, especially if they do so below the current price. It implies that they considered a lower price to be reasonable. This is a weak signal, but if there is a pattern of unexplained selling, it can be a sign the insider believes the company's stock is overpriced. Note: We only include open market transactions and private dispositions of directly owned stock by individuals, not by corporations or trusts. Currently, the following risks have been identified for the company: Minor Risks Unstable dividend paying track record with dividend experiencing an annual drop of over 20% in the past. Significant insider selling over the past 3 months (€1.7m sold). Recent Insider Transactions • Jul 16
Independent Director recently sold €706k worth of stock On the 13th of July, Pal Wibe sold around 120k shares on-market at roughly €5.88 per share. This transaction amounted to 29% of their direct individual holding at the time of the trade. In the last 3 months, there was an even bigger sale from another insider worth €992k. Insiders have been net sellers, collectively disposing of €1.7m more than they bought in the last 12 months. Reported Earnings • Jul 14
Second quarter 2023 earnings released: EPS: kr1.61 (vs kr2.02 in 2Q 2022) Second quarter 2023 results: EPS: kr1.61 (down from kr2.02 in 2Q 2022). Revenue: kr2.31b (up 4.3% from 2Q 2022). Net income: kr259.8m (down 20% from 2Q 2022). Profit margin: 11% (down from 15% in 2Q 2022). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.2% p.a. on average during the next 3 years, compared to a 12% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 15% per year but the company’s share price has only increased by 9% per year, which means it is significantly lagging earnings growth. Upcoming Dividend • Apr 14
Upcoming dividend of kr3.75 per share at 5.0% yield Eligible shareholders must have bought the stock before 21 April 2023. Payment date: 02 May 2023. Payout ratio is a comfortable 43% and this is well supported by cash flows. Trailing yield: 5.0%. Within top quartile of German dividend payers (4.7%). Higher than average of industry peers (1.0%). Reported Earnings • Mar 27
Full year 2022 earnings released: EPS: kr6.34 (vs kr6.73 in FY 2021) Full year 2022 results: EPS: kr6.34 (down from kr6.73 in FY 2021). Revenue: kr9.02b (up 4.3% from FY 2021). Net income: kr1.02b (down 5.7% from FY 2021). Profit margin: 11% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Like-for-like sales growth: Down 1.1% vs FY 2021 Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 16% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has increased by 41% per year, which means it is tracking significantly ahead of earnings growth. Reported Earnings • Feb 07
Full year 2022 earnings released: EPS: kr6.35 (vs kr6.73 in FY 2021) Full year 2022 results: EPS: kr6.35 (down from kr6.73 in FY 2021). Revenue: kr9.02b (up 4.3% from FY 2021). Net income: kr1.02b (down 5.5% from FY 2021). Profit margin: 11% (down from 13% in FY 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 4.1% p.a. on average during the next 3 years, compared to a 5.4% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 31% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Nov 16
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Director Pal Wibe was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 04
Third quarter 2022 earnings released Third quarter 2022 results: Revenue: kr2.05b (up 2.8% from 3Q 2021). Net income: kr186.7m (down 8.3% from 3Q 2021). Profit margin: 9.1% (down from 10% in 3Q 2021). The decrease in margin was driven by higher expenses. Revenue is forecast to grow 3.2% p.a. on average during the next 3 years, compared to a 6.1% growth forecast for the Multiline Retail industry in Europe. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 26% per year, which means it is significantly lagging earnings growth. Aankondiging • Aug 13
Europris ASA to Report Q4, 2022 Results on Feb 02, 2023 Europris ASA announced that they will report Q4, 2022 results on Feb 02, 2023 Reported Earnings • Jul 15
Second quarter 2022 earnings released: EPS: kr2.02 (vs kr1.76 in 2Q 2021) Second quarter 2022 results: EPS: kr2.02 (up from kr1.76 in 2Q 2021). Revenue: kr2.22b (up 5.7% from 2Q 2021). Net income: kr325.3m (up 15% from 2Q 2021). Profit margin: 15% (up from 14% in 2Q 2021). The increase in margin was driven by higher revenue. Over the next year, revenue is forecast to stay flat compared to a 7.9% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 41% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Aankondiging • Jun 18
Europris ASA (OB:EPR) agreed to acquire 67 percent stake in Strikkemekka group for NOK 88 million. Europris ASA (OB:EPR) agreed to acquire 67 percent stake in Strikkemekka group for NOK 88 million on June 16, 2022. Fuglestad will remain CEO of Strikkemekka and continue to own of 33 per cent of the company. Europris has a pre-emptive right to acquire the remaining shares. The transaction is subject to approval by the Norwegian Competition Authority. SpareBank 1 SR-Bank Markets has been the financial adviser for the Strikkemekka Holding AS. CMS Kluge Advokatfirma AS has been the legal adviser for the Strikkemekka Holding AS. Ernst & Young AS, Investment Banking Arm has been the financial adviser for the Europris ASA (OB:EPR). Advokatfirmaet Selmer DA has been the legal adviser for the Europris ASA (OB:EPR). Reported Earnings • Apr 29
First quarter 2022 earnings released: EPS: kr0.55 (vs kr0.65 in 1Q 2021) First quarter 2022 results: EPS: kr0.55 (down from kr0.65 in 1Q 2021). Revenue: kr1.72b (flat on 1Q 2021). Net income: kr87.7m (down 16% from 1Q 2021). Profit margin: 5.1% (down from 6.1% in 1Q 2021). Over the next year, revenue is forecast to grow 3.3%, compared to a 8.5% growth forecast for the industry in Germany. Over the last 3 years on average, earnings per share has increased by 44% per year but the company’s share price has only increased by 24% per year, which means it is significantly lagging earnings growth. Board Change • Apr 27
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Director Pal Wibe was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Aankondiging • Apr 15
Europris ASA to Distribute Special Dividend, Effective April 22, 2022 Europris ASA will distribute a special dividend in the amount of NOK 1.5 per share, effective April 22, 2022. Upcoming Dividend • Apr 15
Upcoming dividend of kr4.00 per share Eligible shareholders must have bought the stock before 22 April 2022. Payment date: 29 April 2022. Payout ratio is a comfortable 37% and this is well supported by cash flows. Trailing yield: 7.1%. Within top quartile of German dividend payers (3.9%). Higher than average of industry peers (5.6%). Reported Earnings • Mar 28
Full year 2021 earnings released: EPS: kr6.71 (vs kr4.87 in FY 2020) Full year 2021 results: EPS: kr6.71 (up from kr4.87 in FY 2020). Revenue: kr8.65b (up 7.9% from FY 2020). Net income: kr1.08b (up 34% from FY 2020). Profit margin: 13% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Like-for-like sales growth: 1.5% vs FY 2020 Over the next year, revenue is forecast to grow 1.0%, compared to a 8.3% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 29% per year, which means it is significantly lagging earnings growth. Reported Earnings • Feb 08
Full year 2021 earnings: Revenues and EPS in line with analyst expectations Full year 2021 results: EPS: kr6.71 (up from kr4.87 in FY 2020). Revenue: kr8.65b (up 7.9% from FY 2020). Net income: kr1.08b (up 34% from FY 2020). Profit margin: 13% (up from 10.0% in FY 2020). The increase in margin was driven by higher revenue. Like-for-like sales growth: 1.5% vs FY 2020 Revenue was in line with analyst estimates. Over the next year, revenue is forecast to grow 2.4%, compared to a 11% growth forecast for the retail industry in Germany. Over the last 3 years on average, earnings per share has increased by 42% per year but the company’s share price has only increased by 30% per year, which means it is significantly lagging earnings growth. Board Change • Feb 02
Insufficient new directors There is 1 new director who has joined the board in the last 3 years. The company's board is composed of: 1 new director. 6 experienced directors. No highly experienced directors. Director Pal Wibe was the last director to join the board, commencing their role in 2020. The company’s insufficient board refreshment is considered a risk according to the Simply Wall St Risk Model. Reported Earnings • Nov 06
Third quarter 2021 earnings released The company reported a solid third quarter result with improved earnings and revenues, although profit margins were flat. Third quarter 2021 results: Revenue: kr1.99b (up 5.1% from 3Q 2020). Net income: kr203.5m (up 7.0% from 3Q 2020). Profit margin: 10% (in line with 3Q 2020). Over the last 3 years on average, earnings per share has increased by 38% per year whereas the company’s share price has increased by 39% per year. Reported Earnings • Jul 18
Second quarter 2021 earnings released: EPS kr1.76 (vs kr1.49 in 2Q 2020) The company reported a decent second quarter result with improved earnings and profit margins, although revenues were weaker. Second quarter 2021 results: Revenue: kr2.10b (down 5.2% from 2Q 2020). Net income: kr283.0m (up 15% from 2Q 2020). Profit margin: 14% (up from 11% in 2Q 2020). The increase in margin was driven by lower expenses. Over the last 3 years on average, earnings per share has increased by 38% per year and the company’s share price has also increased by 38% per year. Aankondiging • Jul 02
Europris ASA (OB:EPR) agreed to acquire 67% stake in Lekekassen.no from Andreas Skalleberg. Europris ASA (OB:EPR) agreed to acquire 67% stake in Lekekassen.no from Andreas Skalleberg for approximately NOK 500 million on June 30, 2021. Aankondiging • May 01
Europris ASA to Distribute Special Dividend, Effective May 6, 2021 Europris ASA will distribute a special dividend in the amount of NOK 0.50 per share, effective May 6, 2021. Aankondiging • Mar 17
Europris ASA Announces Closing of Around 30% of Stores Europris ASA announced that due to the strict restrictions imposed by the Norwegian authorities, all Europris stores in the Oslo and Viken counties are closed as of 16 March to 9 April in Oslo and 11 April in Viken. The situation may change rapidly and Europris will continuously adapt to any changes. Currently around 30% of the store base is affected. Aankondiging • Jan 26
Europris ASA Announces its Operational Status Europris ASA announced that due to the Covid-19 situation, 25 Europris stores will be closed until 31 January. During the weekend, the Norwegian authorities imposed strict restrictions on Norwegian retail businesses around the greater Oslo region. It was decided to close all retail trade other than food, pharmacies and other important supply functions. Europris will, however, continue to work for the same status as the grocery retailers and seek to have stores reopened, on the basis that it will reduce pressure and crowds in grocery stores as many of the same articles can be found at Europris. Europris will look into actions to reduce costs and adapt running operations. The situation may change rapidly and Europris follows the situation closely. Europris will continue to do its utmost to maintain its operations as far as possible at normal levels within the parameters set by the Institute of Public Health in order to serve the public. Is New 90 Day High Low • Dec 28
New 90-day high: €4.87 The company is up 17% from its price of €4.16 on 29 September 2020. The German market is up 7.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 14% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €9.93 per share. Recent Insider Transactions • Nov 11
Insider recently sold €472k worth of stock On the 6th of November, Tommy Sletten sold around 100k shares on-market at roughly €4.72 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.5m more than they bought in the last 12 months. Analyst Estimate Surprise Post Earnings • Nov 03
Revenue beats expectations Revenue exceeded analyst estimates by 11%. Over the next year, revenue is expected to shrink by 1.7% compared to a 9.1% growth forecast for the Multiline Retail industry in Germany. Reported Earnings • Nov 03
Third quarter 2020 earnings released: EPS kr1.15 The company reported a strong third quarter result with improved earnings, revenues and profit margins. Third quarter 2020 results: Revenue: kr1.90b (up 28% from 3Q 2019). Net income: kr190.2m (up 124% from 3Q 2019). Profit margin: 10.0% (up from 5.8% in 3Q 2019). The increase in margin was driven by higher revenue. Over the last 3 years on average, earnings per share has increased by 14% per year but the company’s share price has only increased by 7% per year, which means it is significantly lagging earnings growth. Is New 90 Day High Low • Oct 31
New 90-day high: €4.53 The company is up 13% from its price of €4.03 on 31 July 2020. The German market is down 4.0% over the last 90 days, indicating the company outperformed over that time. It also outperformed the Multiline Retail industry, which is up 4.0% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.85 per share. Recent Insider Transactions • Oct 31
Insider recently sold €450k worth of stock On the 30th of October, Daniel Bruun sold around 100k shares on-market at roughly €4.50 per share. This was the largest sale by an insider in the last 3 months. Insiders have been net sellers, collectively disposing of €6.0m more than they bought in the last 12 months. Is New 90 Day High Low • Oct 12
New 90-day high: €4.42 The company is up 11% from its price of €4.00 on 14 July 2020. The German market is up 2.0% over the last 90 days, indicating the company outperformed over that time. However, it underperformed the Multiline Retail industry, which is up 20% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €6.01 per share. Aankondiging • Oct 12
Stina Charlene Byre to Become CFO of Europris ASA, Effective No Later Than 1 April 2021 Europris has appointed Stina Charlene Byre as its CFO. She comes from Cowi AS, where she has been CFO since 2019. Before joining Cowi, Byre spent 10 years with Orkla, where she held various financial management positions - ending as CFO of Orkla Health Group. She will take up her new role in Europris on a date to be determined later, but no later than 1 April 2021. In addition to serving as CFO for Orkla Health Group, her management positions within finance at Orkla included CFO of Pierre Robert Group and financial manager at Lilleborg. Is New 90 Day High Low • Sep 23
New 90-day low: €3.87 The company is down 8.0% from its price of €4.20 on 25 June 2020. The German market is up 3.0% over the last 90 days, indicating the company underperformed over that time. It also underperformed the Multiline Retail industry, which is up 16% over the same period. According to the Simply Wall St valuation model, the estimated intrinsic value of the company is €5.55 per share.