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Boozt AB (BOOZT.ST)

BOOZT.ST on Stockholm Stock Exchange

70.00SEK
26 May 2020
Change (% chg)

0.60kr (+0.86%)
Prev Close
69.40kr
Open
71.00kr
Day's High
71.00kr
Day's Low
69.20kr
Volume
124,696
Avg. Vol
194,675
52-wk High
71.00kr
52-wk Low
35.30kr

Latest Key Developments (Source: Significant Developments)

Boozt Updates On Q1 Adjusted Oper Result Expectations
Monday, 20 Apr 2020 

April 20 (Reuters) - Boozt AB ::Q1 ADJUSTED OPERATING RESULT IS EXPECTED TO BE IN RANGE OF LOSS SEK 63-57 MILLION.NET SALES DURING FIRST HALF OF APRIL INCREASED YOY.POSITIVE DEVELOPMENT COMPARED TO MARCH DUE TO INCREASED DEMAND ON NORWEGIAN AND DANISH MARKET.UNDERLYING ADJUSTED OPERATING MARGIN IS IMPROVED COMPARED TO PREVIOUS YEAR.  Full Article

Boozt Q3 EBIT Loss Widens To SEK 40.8 Mln
Thursday, 14 Nov 2019 

Nov 14 (Reuters) - Boozt AB ::Q3 NET REVENUE SEK 764.1 MILLION VERSUS SEK 625.0 MILLION YEAR AGO.Q3 EBIT LOSS SEK 40.8 MILLION VERSUS LOSS SEK 28.8 MILLION YEAR AGO.SOFTENING OF APPAREL MARKET, ESPECIALLY IN SWEDEN AND DENMARK, INCREASED OVER SUMMER WHICH IS REFLECTED IN 19% GROWTH OF BOOZT.COM IN QUARTER.BOOZTLET.COM CONTINUED STRONG TRAJECTORY WITH A 90% GROWTH IN QUARTER.AFTER A DECLINING GROSS MARGIN TREND OVER LAST COUPLE OF SEASONS, WE HAVE WITNESSED A SLIGHTLY INCREASING GROSS MARGIN IN BEGINNING OF CURRENT AUTUMN/WINTER SEASON COMPARED TO LAST YEAR.ADJUST OUR FULL YEAR OUTLOOK ON NET REVENUE GROWTH FROM PREVIOUSLY ABOVE 27% TO NOW BETWEEN 23% AND 26%.FY OUTLOOK FOR ADJUSTED EBIT MARGIN IS UPGRADED FROM PREVIOUSLY ABOVE 2.3% TO NOW ABOVE 2.5% DUE TO OPERATIONAL IMPROVEMENTS.WE ARE ENTERING MORE CAUTIOUSLY INTO Q4 DUE TO SOFTER APPAREL MARKETS IN DENMARK AND SWEDEN.  Full Article

Boozt Appoints Sandra Gadd As New CFO
Tuesday, 17 Sep 2019 

Sept 17 (Reuters) - Boozt AB ::BOOZT APPOINTS SANDRA GADD AS NEW CFO.HAS APPOINTED SANDRA GADD AS ITS NEW CFO.NEW CFO WILL ASSUME HER POSITION AS OF DECEMBER 1, 2019.CURRENT CFO ALLAN JUNGE-JENSEN WILL STAY ON-BOARD UNTIL END OF JANUARY 2020.  Full Article

Boozt Q4 Adjusted EBIT Up At SEK 57.4 Million
Thursday, 21 Feb 2019 

Feb 21 (Reuters) - Boozt AB ::Q4 NET REVENUE SEK 892.5 MILLION VERSUS SEK 644.2 MILLION YEAR AGO.Q4 ADJUSTED EBIT SEK 57.4 MILLION VERSUS SEK 52.3 MILLION YEAR AGO.THE GROUP EXPECTS NET REVENUE GROWTH FOR 2019 OF ABOVE 27%.2019 ADJUSTED EBIT MARGIN IS EXPECTED TO IMPROVE FROM 2018.OTHER SEGMENT IS EXPECTED TO HAVE A NEGATIVE IMPACT ON ADJUSTED EBIT OF AROUND SEK 20 MILLION IN 2019.THE BOARD HAS DECIDED TO PROPOSE THAT NO DIVIDEND WILL BE DISTRIBUTED TO THE SHAREHOLDERS FOR THE FISCAL YEAR 2018.  Full Article

Boozt AB Q4 2018 Results Update
Friday, 25 Jan 2019 

Jan 24 (Reuters) - Boozt AB ::Q4 2018 RESULTS UPDATE.HIGHER THAN EXPECTED ADJUSTED EBIT MARGIN OF 6.4% IN Q4 AND 2.3% FOR 2018.PHYSICAL STORES SEGMENT DELIVERED BROADLY IN LINE WITH OUR EXPECTATIONS AND SHOWED A LOSS FOR QUARTER OF SEK 7.5 MILLION.QTRLY REVENUE SEK 892.5 MILLION, UP 38.5 PERCENT.QTRLY BOOZT.COM NET REVENUE SEK 860.3 MILLION , UP 37.3 %.Q4 ADJUSTED EBITDA SEK 71.6 MILLION, UP 15.1 PERCENT.  Full Article

Boozt Q3 EBIT Loss Widens To SEK 28.8 Million
Wednesday, 21 Nov 2018 

Nov 21 (Reuters) - Boozt AB ::Q3 NET REVENUE SEK 625.0 MILLION VERSUS SEK 454.9 MILLION YEAR AGO.Q3 EBIT LOSS SEK 28.8 MILLION VERSUS LOSS SEK 11.8 MILLION YEAR AGO.FULL YEAR OUTLOOK FOR NET REVENUE GROWTH IS MAINTAINED.OUTLOOK FOR FY ADJUSTED EBIT MARGIN IS ADJUSTED TO RANGE OF 1.5% TO 2% (PREVIOUSLY SLIGHTLY IMPROVED FROM 2.4%).  Full Article

Boozt: Sunstone Sells All Shares In Boozt
Thursday, 23 Aug 2018 

Aug 23 (Reuters) - Boozt AB ::SALE OF SHARES IN BOOZT AB.PRICE OF SEK 80.50 PER SHARE.FOLLOWING PLACING, SUNSTONE WILL NO LONGER HOLD ANY SHARES IN BOOZT..SUNSTONE, FERD AS AND A GROUP OF KEY EMPLOYEES (INCLUDING CEO AND CFO) HAVE SOLD 2,967,987 SHARES IN BOOZT.  Full Article

Contemplated Sale Of Shares In Boozt
Wednesday, 22 Aug 2018 

Aug 22 (Reuters) - Carnegie Investment Bank AB::CONTEMPLATED SALE OF SHARES IN BOOZT AB (PUBL).CARNEGIE AND DANSKE BANK HAVE BEEN RETAINED BY SUNSTONE TECHNOLOGY VENTURES FUND II, FERD AND A GROUP OF KEY EMPLOYEES TO EXPLORE OPPORTUNITY TO SELL 2.3 TO 3.0 MILLION SHARES IN BOOZT.CARNEGIE INVESTMENT BANK SAYS PRICE PER SHARE IN PLACING WILL BE DETERMINED THROUGH AN ACCELERATED BOOKBUILDING PROCESS.  Full Article

Boozt AB Q2 EBIT Profit Sek 34.1 Million
Friday, 17 Aug 2018 

Aug 17 (Reuters) - Boozt AB ::Q2 NET REVENUE SEK 714.7 MILLION VERSUS SEK 496.1 MILLION YEAR AGO.Q2 EBIT PROFIT SEK 34.1 MILLION VERSUS LOSS SEK 82.9 MILLION YEAR AGO.REVENUE GROWTH OUTLOOK FOR 2018 IS ADJUSTED UPWARDS TO MORE THAN 36% FROM PREVIOUSLY MORE THAN 33%.  Full Article