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Elektroimportoren AS ( (DE:9F9) ) has shared an announcement.
Elektroimportøren AS reported a strong Q4 performance, achieving significant revenue and profit growth. The company’s strategy of expanding stores in Norway and enhancing B2B sales in Sweden has shown positive results, with increased sales across major product categories despite challenging weather conditions for heating products. The opening of a new store in Oslo and a focus on improving gross margins have contributed to the positive outcome, positioning the company well for future growth.
More about Elektroimportoren AS
Elektroimportøren AS operates in the electrical wholesale and retail industry, focusing on products such as cables, smart home products, electro materials, and lighting. The company is actively expanding its presence in Norway and working towards profitability in Sweden.
YTD Price Performance: 26.53%
Technical Sentiment Consensus Rating: Hold
Current Market Cap: €59.51M
For detailed information about 9F9 stock, go to TipRanks’ Stock Analysis page.