Europris (EPR) Company Presentation summary

Group overview and scale

• Operates 378 stores across Norway and Sweden, including Europris, ÖoB, Lekekassen, and Strikkemekka brands.

• Annual sales reach approximately NOK 13.5 billion with an EBIT of around NOK 1,150 million.

• Customer club membership totals 3.8 million, with 57 million annual transactions.

• Recent acquisitions include full ownership of Lekekassen and majority stake in ÖoB.

Strategic vision and synergies

• Aims to establish a strong Nordic position through leading brands and shared business cultures.

• Focus on operational synergies and sharing best practices across the value chain.

• Combined sales from Europris and ÖoB total NOK 13.5 billion.

ÖoB performance and challenges

• ÖoB has not increased revenue since 2015, with declining footfall and margin pressure from higher consumables share.

• Underinvestment due to weak profitability and liquidity constraints.

• EBIT margin has declined from 1.3% in 2018 to -1.2% in 2023.