Europris (EPR)

E24Bot · april 29, 2021, 5:30am

Europris melder om sitt beste første kvartal noensinne

vcp · april 29, 2021, 5:44am

Teknisk nydelig chart også, tror den setter fart!

TekBot · mai 5, 2021, 11:44am

Europris ASA: Minutes from the annual general meeting

TekBot · mai 6, 2021, 6:02am

Europris ASA: Ex dividend NOK 2.70 today

E24Bot · juni 3, 2021, 9:45am

Den store testen av Europris-aksjen kommer nå

TekBot · juni 24, 2021, 7:01am

Europris opens store at Xhibition in Bergen

Fredrikstad, 24 June 2021: Europris (OSE: EPR) opened a store at Xhibition
centre in Bergen in Vestland county. This brings the group’s extensive network
of stores to 268.
…

Vis børsmeldingen

Today’s opening is the second in 2021, and the third store within the company’s
City concept. The group has a robust pipeline of new stores for 2021 and beyond.
Europris’ nationwide network of 268 stores covers every Norwegian county.

“We’re very pleased to announce the first Europris City store opening outside of
Oslo - at Xhibition centre in the heart of Bergen,” says CEO Espen Eldal. “We
have great expectations to the City store concept and will continue to explore
this exciting opportunity for expansion of the Europris concept.”

While Europris also offers online shopping, physical stores will continue to be
the main sales channel in Europris for the foreseeable future. The group’s
growth strategy remains unchanged, and its expansion in discount variety
retailing will continue through both physical stores and the online channel.

For further information, please contact:

Stina C Byre
CFO
Telephone: +47 411 05 808

Trine Engløkken
Investor relations
Telephone: +47 940 50 937

E-mail: ir@europris.no

Kilde

TekBot · juni 30, 2021, 5:30am

Europris acquires Lekekassen

Strategic e-commerce acquisition of Norway’s largest online toy store

Fredrikstad, 30 June 2021: Europris is acquiring 67 per cent of Lekekassen
…

Vis børsmeldingen

Holding AS (Lekekassen) - Norway’s largest player in online shopping for toys -
for NOK 501 million. Through this acquisition, the company will be entering a
strategically important product category which is growing rapidly online, as
well as further strengthening its expertise in e-commerce.

The agreed purchase price is final, and the acquisition will be settled in cash.
Europris has a pre-emptive right to acquire the remaining shares in Lekekassen.

Lekekassen is one of the fastest growing online retailers in Norway, with almost
10,000 products online. It achieved total revenues of NOK 545 million and EBITDA
of NOK 94 million in 2020, and both revenues and earnings have continued to grow
in 2021. Lekekassen entered the Swedish market with the ToySpace.se brand in
2019, reaching revenues of approximately NOK 100 million in 2020.

The excellent performance of the Lekekassen technology platform makes the online
toy store a highly scalable business, and Europris also sees the potential to
develop improved digital customer solutions faster and more cost-effectively on
this platform.

Espen Eldal, CEO of Europris, comments:

“We are very enthusiastic about the acquisition of Norway’s largest online toy
store and its strong e-commerce organisation. Toys represent a clear growth
category for Europris, and Lekekassen’s products will contribute to higher
growth and a better customer experience in our stores. In addition, we see the
opportunity for significant synergies through joint purchasing of goods and
services.”

Lekekassen was established in 1945 by the Skalleberg family in Grimstad in the
Aust-Agder county. The business consisted exclusively of physical retail stores
until 2013, when the Lekekassen.no e-commerce business was established. This was
named “Newcomer of the Year” by Prisjakt.no, Norway’s leading consumer product
comparison service, in its first year of operation, and has maintained its
strong position with consumers ever since.

Andreas Skalleberg, CEO of Lekekassen, comments:

“We have been proud retailers for generations, but we recently started a search
for an industrial partner who can support further development and expansion of
our family business. We have connected well with the Europris team and their
corporate culture, and we are very pleased to team up with them. We look forward
to continuing to grow our business across Scandinavia as we join forces with
Norway’s largest and most successful discount variety retailer.”

Lekekassen has a strong management team in place, and Andreas Skalleberg will
remain CEO and owner of 33 per cent of Lekekassen. Espen Eldal will take on the
position as chair of the board.

For additional information, see the attached investor presentation.

Europris and Lekekassen will hold a joint presentation on Wednesday 30 June at
10.00 CEST. The presentation will be held in English as a Teams meeting with
Q&A. The link to the meeting will be available on the company’s website:
Europris ASA - Events & Presentations - Events & Presentations

For further inquiries, please contact:

CEO Espen Eldal, Europris, espen.eldal@europris.no, +47 48 29 24 24

CFO Stina Charlene Byre, Europris, stina.byre@europris.no, +47 41 10 58 08

About Europris:

Europris is Norway’s largest discount variety retailer by sales. The group
offers its customers a broad range of quality own brands and brand-name
merchandise. Its merchandise is sold through the Europris chain, which consists
of a network of 268 stores throughout Norway. Of these, 240 are directly
operated by the group and 28 operate as franchise stores. The group’s
headquarters are located in Fredrikstad, Norway.

About Lekekassen:

Lekekassen (The Toy Box) is owned by the family business Leif Skalleberg AS in
Grimstad in the Aust-Agder county and was originally founded by Leif Skalleberg.
The Skalleberg family have been merchants for almost 80 years. Andreas
Skalleberg is the third generation to manage the business, taking over from his
father Torbjørn. Lekekassen is Norway’s largest toy store and one of the
country’s fastest growing e-commerce players. The independent business carries
many well-known brands at low prices and is today Norway’s largest retailer of
Lego. Since its online establishment in 2013, Lekekassen.no has been growing
rapidly. The group has just expanded its fulfilment centre in Grimstad (capacity
21,000 m[2]) and is planning further geographical expansion into Denmark in the
fourth quarter of 2021 (ToySpace.dk).

About the transaction:

DHT Corporate Services has been the financial adviser for Lekekassen, while
Simonsen Vogt Wiig was retained as its legal adviser.

For Europris, EY has carried out a financial due diligence, while Selmer has
conducted the legal due diligence.

The transaction is subject to approval by the Norwegian Competition Authority.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act. This stock exchange
release was published by Trine Engløkken, IR Manager, Europris ASA, on Wednesday
30 June 2021 at 07:30 CEST.

Kilde

E24Bot · juni 30, 2021, 5:53am

Europris går tungt inn i leker på nett

E24Bot · juni 30, 2021, 2:11pm

Europris-aksjen har plutselig fått et nytt bein

TekBot · juli 2, 2021, 10:57am

Europris ASA Q2 2021: Invitation to presentation of second quarter 2021 results

Europris ASA will publish its second quarter 2021 results on Thursday, 15 July
at 07:00 CEST. The quarterly report, presentation materials and spreadsheet with
key figures will also be available on the company’s website
…

Vis børsmeldingen

https://investor.europris.no.

CEO Espen Eldal and CFO Stina C Byre will present the company’s results at 09:00
via webcast. The presentation will be held without physical participants.
The presentation will be held in English and transferred via live webcast, and
will be made available through the company’s website
https://investor.europris.no. It will be possible to ask questions via the web.

For further information please contact:
Trine Engløkken
Investor Relations
Telephone: +47 940 50 937
E-mail: ir@europris.no

Europris is Norway’s largest discount variety retailer by sales. The company
offers its customers a broad assortment of quality owned brands and brand name
merchandise. The company’s merchandise is sold through the Europris chain, which
consists of a network of 268 stores throughout Norway, 240 of which are directly
owned by the company and 28 of which operate as franchise stores. The company’s
headquarters are located in Fredrikstad, Norway.

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · juli 15, 2021, 5:00am

Record high results in a challenging quarter

Highlights for the second quarter of 2021

· Total sales of NOK 2,096 million, a decline of 5.2 per cent compared with Q2
…

Vis børsmeldingen

2020
· April sales negatively affected by the temporary closure of 22 per cent of
the stores owing to the Covid-19 pandemic and by the timing of Easter
· Positive sales development in May and June, driven by strong seasonal
execution

· Gross margin of 47.2 per cent, an increase of 4.6 percentage points
· Positive effects from hedging currency and inbound freight rates
· Successful category development initiatives and changes to sales mix

· Improved profitability owing to higher margins and good cost control
· EBITDA increased by 11.3 per cent to NOK 537 million
· Net profit of NOK 283 million (NOK 247 million)

· Results from employee engagement survey at all-time high
· Remarkable efforts by employees during the Covid-19 pandemic

· Acquired 67 per cent of Lekekassen Holding AS, Norway’s largest online toy
store, for NOK 501 million

Highlights for the first half of 2021

· Solid sales growth despite following the best first half in Europris’
history last year
· Sales of NOK 3,814 million, up by 6.2 per cent from the same period of
2020 and by 33.4 per cent from 2019
· Nine per cent of stores on average temporarily closed

· Gross margin of 45.4 per cent, an increase of 2.9 per cent
· Operational efficiency improved, with a decline in the Opex-to-sales ratio
by 0.5 percentage points to 23.7 per cent
· Strong profitability with EBITDA of NOK 829 million, up by 25.5 per cent
· Earnings per share of NOK 2.41 (NOK 1.49)
· Solid financial position with cash and liquidity reserves of NOK 1,577
million (NOK 1,315 million)

Europris produced a strong performance in the second quarter of 2021, despite
low sales in April owing to 22 per cent of the chain’s stores being temporarily
closed owing to Covid-19 and to the timing of Easter. On average, eight per cent
of the stores were temporarily closed during the quarter. Despite following the
strongest second quarter in Europris’ history last year, the chain had like-for
-like sales growth in both May and June owing to strong execution of campaigns
and the season. Strong margin development and continued good cost control offset
the sales decline and led to growth in EBITDA and net profit.

“The second quarter was challenging for us owing to pandemic restrictions,”
comments Espen Eldal, CEO of Europris. "Nevertheless, we continued to improve
operational efficiency and were able to produce a record result.

"In this demanding situation, I am pleased that we were able to create a safe
working environment, and that employee satisfaction proved to be at an all-time
high. I’m proud of the remarkable enthusiasm and efforts shown by my colleagues
during these unpredictable times.

“The acquisition of 67 per cent of Lekekassen will further strengthen our
expertise in e-commerce, and we will continue to exploit market opportunities. I
believe we are well prepared and positioned to continue being a market winner.”

Group sales came to NOK 2,096 million, down by 5.2 per cent from the same period
of last year. Sales were negatively affected by temporary store closures and by
the timing of Easter, which hit sales of chocolate and snacks. The upgraded
kitchen and home and interior categories continued to perform well. In addition,
sales growth was strong for pet food and accessories as well as for spring and
summer seasonal items.

Gross profit came to NOK 989 million (NOK 941 million), an improvement of 5.1
per cent. The gross margin was 47.2 per cent (42.6 per cent), up by 4.6
percentage points. A net unrealised currency gain of NOK 24 million was
recognised on hedging contracts and accounts payable (loss of NOK 30 million).

Operating expenditure (Opex) was NOK 453 million (NOK 459 million), a decrease
of NOK 6 million. Opex as a proportion of revenues amounted to 21.6 per cent
(20.8 per cent).

EBITDA was NOK 537 million (NOK 482 million), up by NOK 54 million or 11.3 per
cent, and net profit came to NOK 283 million (NOK 247 million), an improvement
of NOK 36 million or 14.7 per cent. Europris has a strong financial position and
cash and liquidity reserves for the group at 30 June 2021 amounted to NOK 1,577
million (NOK 1,315 million). A total dividend of NOK 434 million was paid in the
second quarter, up by NOK 111 million from last year.

The quarterly report, presentation materials and spreadsheet with key figures
are available on the group’s website at https://investor.europris.no.

CEO Espen Eldal and CFO Stina C Byre will present the group’s results at 09:00
CEST via webcast. The presentation will be held without physical participants.
It will be held in English, transmitted as a live webcast, and available through
the group’s website at https://investor.europris.no. It will be possible to ask
questions via the web.

For further information, please contact:

Espen Eldal, CEO, +47 48 29 24 24, espen.eldal@europris.no
Stina C Byre, CFO, +47 41 10 58 08, stina.byre@europris.no

About Europris:

Europris is Norway’s largest discount variety retailer by sales. The group
offers customers a broad range of quality own brands and brand-name merchandise.
Its merchandise is sold through the Europris chain, which consists of a network
of 268 stores throughout Norway, 240 of which are directly owned by the group
and 28 of which operate as franchise stores. The group’s headquarters are
located in Fredrikstad, Norway.

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

E24Bot · juli 15, 2021, 5:38am

Bedre enn ventet for Europris

TekBot · juli 16, 2021, 6:39am

Financial calendar

TekBot · september 9, 2021, 7:00am

Europris opens new store at Jåttå

Fredrikstad, 9 September 2021: Europris (OSE: EPR) opened a new store today at
Jåttå in Rogaland county. This brings the group’s extensive network of stores to
269.
…

Vis børsmeldingen

Today’s opening is the third in 2021. The group has a robust pipeline of new
stores for 2021 and beyond. Europris’ nationwide network of 269 stores covers
every Norwegian county.

“We’re excited to open a new store in the Stavanger area - 29 years after the
chains first store opened in Støperigaten in Stavanger. In almost three decades
Europris has provided customers with all you need for the everyday season, low
prices, convenience and enjoyable shopping experiences,” says CEO Espen Eldal.

While Europris also offers online shopping, physical stores will continue to be
the main sales channel in Europris for the foreseeable future. The group’s
growth strategy remains unchanged, and its expansion in discount variety
retailing will continue through both physical stores and the online channel.

For further information, please contact:

Stina C Byre
CFO
Telephone: +47 411 05 808

Trine Engløkken
Investor relations
Telephone: +47 940 50 937

E-mail: ir@europris.no

Kilde

TekBot · september 16, 2021, 1:31pm

Europris ASA: Reporting of transactions made by persons discharging managerial responsibilities in Europris ASA’s shares - Directors

16 September 2021: Europris ASA has carried out the long-term incentive
programme for 2021 covering restricted shares for senior executives and
directors of Europris. The restricted shares programme provides participants the
…

Vis børsmeldingen

opportunity to purchase shares with a two-year lock-in period for an amount
limited to a maximum of NOK 500 000 annually, at 19 per cent discount. The price
for the shares was NOK 61.51 per share, which corresponds to the ten-day volume
-weighted average price of Europris’ share for the period 2 to 15 September
2021.

The following directors discharging managerial responsibilities in Europris ASA
have on 16 September 2021 acquired shares in Europris in connection with the
long-term incentive programme.

Name / Position / Acquired shares / Updated total shareholding:
Tom Vidar Rygh / Chair of the board / 10 035 shares / 610 035 shares
Karl Svensson / Director / 10 035 shares / 281 891 shares
Hege Bømark / Director / 8 129 shares / 8 129 shares
Tone Fintland / Director / 8 028 shares / 10 808 shares
Claus Juel-Jensen / Director / 2 609 shares / 7 112 shares

Europris sold a total of 68 941 own shares in connection with the programme.
Following the transactions, Europris holds 5 996 265 own shares.

For further inquiries, please contact:

Stina Charlene Byre, CFO, stina.byre@europris.no, +47 41 10 58 08
Trine Engløkken, Investor Relations, trine.englokken@europris.no,
+47 94 05 09 37

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

Kilde

TekBot · september 16, 2021, 1:31pm

Europris ASA: Reporting of transactions made by persons discharging managerial responsibilities in Europris ASA’s shares - Management

16 September 2021: Europris ASA has carried out the long-term incentive
programme for 2021 covering restricted shares for senior executives and
directors of Europris. The restricted shares programme provides participants the
…

Vis børsmeldingen

opportunity to purchase shares with a two-year lock-in period for an amount
limited to a maximum of NOK 500 000 annually, at 19 per cent discount. The price
for the shares was NOK 61.51 per share, which corresponds to the ten-day volume
-weighted average price of Europris’ share for the period 2 to 15 September
2021.

The following persons in the management discharging managerial responsibilities
in Europris ASA have on 16 September 2021 acquired shares in Europris in
connection with the long-term incentive programme.

Name / Position / Acquired shares / Updated total shareholding:
Knipen AS, Espen Eldal / CEO / 10 035 shares / 610 528 shares
Stina C. Byre / CFO / 10 035 shares / 10 528 shares
Spæren Invest AS, Knut Spæren / VP International Sourcing / 10 035 shares / 277
195 shares

Europris sold a total of 68 941 own shares in connection with the programme.
Following the transactions, Europris holds 5 996 265 own shares.

For further inquiries, please contact:

Stina Charlene Byre, CFO, stina.byre@europris.no, +47 41 10 58 08
Trine Engløkken, Investor Relations, trine.englokken@europris.no,
+47 94 05 09 37

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

Kilde

TekBot · september 16, 2021, 10:19pm

Europris ASA: Correction - updated share purchase price for transactions by primary insiders 16 September

17 September 2021: Attachments in the previous announcements on 16 September
regarding reporting of transactions made by persons discharging managerial
responsibilities in Europris ASA were submitted with the market price per share.
…

Vis børsmeldingen

The attachment in this announcement has been updated with the actual purchase
price after discount per share. For further information, please see original
announcements from 16 September.

For further inquiries, please contact:

Stina Charlene Byre, CFO, stina.byre@europris.no, +47 41 10 58 08
Trine Engløkken, Investor Relations, trine.englokken@europris.no,
+47 94 05 09 37

This information is subject to disclosure requirements set out in the Market
Abuse Regulation EU 596/2014 Article 19 and the Norwegian Securities Trading Act
Section 5-12.

Kilde

TekBot · oktober 22, 2021, 7:09am

Europris ASA Q3 2021: Invitation to presentation of third quarter 2021 results

Europris ASA will publish its third quarter 2021 results on Thursday, 4 November
at 07:00 CEST. The quarterly report, presentation materials and spreadsheet with
key figures will also be available on the company’s website
…

Vis børsmeldingen

https://investor.europris.no.

CEO Espen Eldal and CFO Stina C Byre will present the company’s results at 08:30
CET at Felix Conference Centre, Bryggetorget 3 in Oslo.

If you want to attend the presentation at Felix, please register by e-mail to
ir@europris.no by 2 November 2021.

The presentation will be held in English and transferred via live webcast, and
will be made available through the company’s website
https://investor.europris.no. It will be possible to ask questions via the web.

For further information please contact:
Trine Engløkken
Investor Relations
Telephone: +47 940 50 937
E-mail: ir@europris.no

Europris is Norway’s largest discount variety retailer by sales. The company
offers its customers a broad assortment of quality owned brands and brand name
merchandise. The company’s merchandise is sold through the Europris chain, which
consists of a network of 269 stores throughout Norway, 241 of which are directly
owned by the company and 28 of which operate as franchise stores. The company’s
headquarters are located in Fredrikstad, Norway.

This information is subject of the disclosure requirements pursuant to section 5
-12 of the Norwegian Securities Trading Act.

Kilde

TekBot · november 4, 2021, 6:02am

Well prepared for the Christmas season after another record quarter

Highlights for the third quarter of 2021

· Solid sales performance on top of record sales in the third quarter last
…

Vis børsmeldingen

year
· Total sales up 5.1 per cent compared with Q3 2020 to NOK 1,994 million
· Sales growth of 1.9 per cent, excluding sales from partly owned
subsidiaries
· Good performance for upgraded categories and seasonal items

· Gross margin of 45.7 per cent, an increase of 1.8 percentage points
· Positive contribution from the fixed agreement for inbound freight
· Higher share of seasonal items

· Operating expenditure up by 13.1 per cent
· Consolidation of partly owned subsidiaries and higher distribution costs
from product mix
· Opex-to-sales ratio of 24.2 per cent, up by 1.7 percentage points

· Record profitability in third quarter
· EBITDA up by 5.6 per cent to NOK 430 million
· Net profit of NOK 205 million (NOK 190 million)

· Strong financial position, with cash and liquidity reserves of NOK 1,254
million
· Lekekassen transaction successfully completed

Europris delivered growth in both sales and profits during the third quarter, on
top of a strong performance last year. The margin was positively affected by a
fixed agreement for inbound freight rates, in addition to a positive product
mix. Higher sales and continued margin improvement led to growth in EBITDA and
net profit.

CEO Espen Eldal in Europris comments:

"On top of the strongest third quarter in Europris’ history last year, we have
managed to improve our performance further. Solid campaign execution, strong
sales of seasonal summer items and category upgrades have been the main drivers
to our success.

We have grown our customer club “Mer” to close to one million members since the
launch in 2019. I believe this is a good illustration of Europris’ strong market
position.

We have also successfully completed the strategic acquisition of Lekekassen.no
during the third quarter and we already experienced positive effects from the
collaboration between Lekekassen and Europris.

The global distribution crisis has so far not affected Europris. We are fully
stocked and well prepared for the important fourth quarter. Through our flexible
business model and strong market position, I believe Europris is well positioned
to maintain good performance in the coming quarters."

Total operating income in the third quarter amounted to NOK 1,994 million (NOK
1,897 million), up by 5.1 per cent. Excluding sales from partly owned
subsidiaries the sales growth was 1.9 per cent. Revenue growth was driven by the
1.5 per cent rise in the chain’s like-for-like sales, new store openings, solid
merchandising, and the inclusion of partly owned subsidiaries this year.

Gross profit came to NOK 911 million (NOK 833 million). The gross margin was
45.7 per cent (43.9 per cent), an improvement of 1.8 percentage points. The
increase in gross profit was positively affected by the fixed agreement for
inbound freight, in addition to changes to the sales mix.

Operating expenditure (Opex) was NOK 482 million in the third quarter (NOK 426
million), a rise of 13.1 per cent. Opex amounted to 24.2 per cent of group
revenue (22.5 per cent). It was affected by the inclusion of partly owned
subsidiaries, higher distribution costs from a product mix with more voluminous
seasonal items and the increase from 236 to 241 directly operated stores.

EBITDA was NOK 430 million (NOK 407 million), up by NOK 23 million or 5.6 per
cent.

Europris has done well during the pandemic and outperformed the market during
this period. The group has taken advantage of this momentum by upgrading several
important product categories, making e-commerce improvements, and significantly
expanding the number of members in its customer club.

Through continued category upgrades and a flexible business model, Europris is
well positioned to maintain a good performance in a competitive market. The
Norwegian society has been gradually reopening since mid-June, and the
authorities ended all infection control measures in late September and fully
opened the borders to Sweden early October. It is still too early for Europris
to see the effects of a fully reopened society.

The quarterly report, presentation materials and spreadsheet with key figures
are available on the company’s website https://investor.europris.no.

CEO Espen Eldal and CFO Stina C Byre will present the company’s results at 08:30
at the Felix Conference Centre, Bryggetorget 3 in Oslo and will also be
transferred live via webcast. The presentation will be made available through
the company’s website https://investor.europris.no. It will also be possible to
ask questions via the web.

For further information please contact:

Espen Eldal, CEO, +47 48 29 24 24, espen.eldal@europris.no
Stina C Byre, CFO, +47 41 10 58 08, stina.byre@europris.no

About Europris:

Europris is Norway’s largest discount variety retailer by sales. The company
offers its customers a broad assortment of quality owned brands and brand name
merchandise. The company’s merchandise is sold through the Europris chain, which
consists of a network of 269 stores throughout Norway, 241 of which are directly
owned by the company and 28 of which operate as franchise stores. The company’s
headquarters are located in Fredrikstad, Norway.

This information is considered to be inside information pursuant to the EU
Market Abuse Regulation and is subject to the disclosure requirements pursuant
to Section 5-12 the Norwegian Securities Trading Act.

This stock exchange announcement was published by Trine Engløkken, Investor
Relations Manager at Europris ASA, on 4 November 2021 at 07:00 CET.

Kilde

E24Bot · november 4, 2021, 1:12pm

Europris ser igjennom høyere fraktkostnader: – Vi eksisterer på grunn av lave priser