An update from Europris ASA ( (GB:0RAI) ) is now available.
Europris reported a 1.2% organic sales growth in the first quarter of 2025 despite challenges such as the timing of Easter and fewer calendar days. The company’s gross margin was impacted by unrealised currency losses, but underlying margins improved. In Sweden, the transformation of ÖoB is on track, with clearance sales affecting current margins but setting the stage for future growth. Europris aims to increase ÖoB’s sales to SEK 5 billion by 2028. The company remains optimistic about its market position despite geopolitical uncertainties and is preparing for continued growth.
More about Europris ASA
Europris is Norway’s largest discount variety retailer, offering a wide range of quality owned brands and brand name merchandise through its network of 285 stores across Norway. The company also owns the Swedish discount retailer ÖoB and has stakes in several e-commerce companies. Europris is headquartered in Fredrikstad, Norway.
YTD Price Performance: 12.24%
Average Trading Volume: 6,643
Technical Sentiment Signal: Strong Sell
Current Market Cap: NOK13.07B
Learn more about 0RAI stock on TipRanks’ Stock Analysis page.