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Europris ASA ( (GB:0RAI) ) has shared an announcement.
Europris reported a strong first quarter, with total revenue up 12.3% to NOK 3.3 billion, driven by higher store traffic, solid like-for-like growth in both Norway and Sweden and a boost from an early Easter. Profitability improved as gross profit rose to NOK 1.3 billion and EBIT turned positive at NOK 71 million, while net profit swung to a small gain and net debt excluding leases declined, although operating cash flow remained negative.
Norway continued to deliver solid cash generation despite a slightly weaker underlying gross margin from a more consumables-heavy mix and higher promotional activity, while the Swedish ÖoB turnaround advanced with nine store upgrades and ongoing investments that are expected to weigh on 2026–2027 results before gradual improvement from 2027. Management highlighted that softer inflation, real wage growth and more value-conscious consumers in both markets should support discount retail demand, even as geopolitical uncertainty, energy price volatility and shifting interest-rate expectations pose risks, and reiterated its ambition to build a disciplined Nordic platform and lift ÖoB to SEK 5 billion in sales with a 5% EBIT margin by 2028.
The most recent analyst rating on (GB:0RAI) stock is a Buy with a NOK105.00 price target. To see the full list of analyst forecasts on Europris ASA stock, see the GB:0RAI Stock Forecast page.
More about Europris ASA
Europris ASA is a Nordic variety retail group headquartered in Fredrikstad, Norway, operating the Europris discount chain in Norway and the ÖoB chain in Sweden, alongside stakes in e-commerce players Lekekassen and Strikkemekka. The group runs 289 Europris stores in Norway, 92 ÖoB stores in Sweden and two Lekekassen outlets, supported by logistics centres in both countries.
Average Trading Volume: 238,597
Current Market Cap: NOK15.36B
See more insights into 0RAI stock on TipRanks’ Stock Analysis page.