Boozt (One-pager): Continued growth guided for 2024
Boozt published its Q4 2023 and full-year 2023 earnings last week realising 15% topline growth year-on-year, with an adj.EBIT margin improvement to 5.2% (from 4.2% in 2022) and adding a 5-year time frame to its long-term ambition for an adj. EBIT margin exceeding 10%.
For 2024, Boozt is guiding for revenue growth and adjusted EBIT margin of 5-15% and 5.2-6.0%, respectively, which corresponds to revenue and adjusted EBIT of around SEK 8,150-8,900 million. and SEK 423-535 million, respectively.
To learn more about Boozt, its performance in 2023, outlook for 2024 and beyond, as well as its key investment risks, key investment reasons, and valuation against its peers, read the full one-pager. You can also catch up on the latest presentation of the Q4 2023 and full-year 2023 results hosted with Boozt Head of Investor Relations, Magnus Thorstholm Jensen.
Link to FY 2023 presentation: https://www.inderes.dk/videos/boozt-praesentation-af-q4-2023
Disclaimer: HC Andersen Capital receives payment from Boozt for a digitalIR/corporate visibility subscription agreement./ Philip Coombes 14:00 15.02.2024
Boozt
Boozt är verksamma inom detaljhandelsbranschen. Bolaget bedriver försäljning av kläder via sin e-handelsplattform. Bolaget affärsfokus är att erbjuda ett brett urval av varumärken inom mode för herr, dam och barn. Försäljningen sker via bolagets E-handelsplattform som etablerades år 2011 och kundmarknaden är främst koncentrerad till Norden. Bolaget har sitt huvudkontor i Malmö.
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