Boozt - Recording of Q1 2024 result presentation
Following the Q1 2024 report from Boozt we had the pleasure of hosting an event with CFO Sandra Gadd, who took us through the numbers and recent events.
Particular the planned expansion of the warehouse facility in Ängelholm was on the agenda.
You can see the video here: https://www.inderes.dk/videos/boozt-presentation-of-q1-interim-report-2024
Disclaimer: HC Andersen Capital receives payment from Boozt for a Digital IR/Corporate Visibility subscription agreement. /Rasmus Køjborg, CFA at 08.10 p.m. on 01/05-2024.
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Boozt AB is a Swedish headquartered fashion and lifestyle retailer operating in the e-commerce space. It was founded in 2011 and listed on the Nasdaq Stockholm in 2017. The company is now dual-listed after it also began trading on the OMX Nasdaq Copenhagen in 2020. Boozt generates its revenue primarily through retail sales in the fashion sector via its multi-brand webstore Boozt.com. It also offers apparel goods, beauty products and lifestyle brands in the home category. In 2015 another platform was added with Boozlet.com, which serves as Boozt’s outlet allowing the company to use this channel for inventory clearance and products that do not sell well in its season. Booztlet.com can also bring in larger stockpiles from different brands. Boozt is part of the large cap indices in both Stockholm and Copenhagen.
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