EXAMPLE PAGE - REPORT - BOOZT - Flipbook - Sida 28
The Boozt share
The Boozt share is listed on Nasdaq Stockholm with secondary listing on
Nasdaq Copenhagen. The Boozt share is traded on Nasdaq Stockholm
under the ticker BOOZT and Nasdaq Copenhagen under the ticker BOOZT
DKK. The ISIN-code for the Boozt share is SE0009888738.
No other material changes occurred during the quarter or y
the Group or the parent company in relations to or the exte
with its suppliers, classified as related parties, compared t
in the Annual Report 2021.
The combined average turnover of the Boozt share on Nasdaq Stockholm
and Nasdaq Copenhagen was 246,431 shares per day during the third
quarter compared to 336,464 shares per day in the third quarter last year.
As per September 30, 2022, the company had around 17,800 shareholders,
whereof the largest shareholders were BLS Capital (24.5%), Ferd (14.2%),
ATP (5.7%), Invesco (5.7%), Kabouter Management (4.8%) and Första
AP-fonden (3.6%).
Outlook for 2022
The market value for the Company as per September 30, 2022 amounted
to SEK 3,899 million. The total number of shares at the end of the reporting
period amounted to 67,467,637, whereof 1,658,375 C shares are held in
own custody. More information of the Group’s share capital can be found
in the Annual Report 2021 on page 98. Beyond shares, the Company has
issued long-term incentive programs where participants can receive or have
the right to receive or acquire shares under specific terms and conditions.
Long-term incentive program
The Group has currently three ongoing long-term incentive programs
directed to senior executives and key employees within the Group, LTIP
2020/2023, LTIP 2021/2024 and LTIP 2022/2025. No long-term incentive
programs have been implemented or expired during the quarter.
LTIP 2020/2023, LTIP 2021/2024 and LTIP 2022/2025 are performance
share programs with a 36 month cliff vesting period. The programs contain
different performance criterions and constraints. The maximum number of
shares that can be granted to the participants amounts to 2,520,000. More
information of the Groups long-term incentive programs can be found in the
Annual Report 2021 on pages 90-91, and on the Group’s website:
https://www.booztgroup.com/annual-general-meeting
Related party transactions
Boozt’s related parties and the extent of transactions with its related parties
are described in Note 26 in the Annual Report 2021. No transactions with
members of the Group Management have occurred during the quarter.
The Group expects a net revenue growth for 2022 in the ra
and an adjusted EBIT between SEK 235-285 million.
The net revenue growth is supported by market share gains
online penetration and a stable or improving consumer con
compared to the historic low during the third quarter of 202
market situation provides a higher likelihood of achieving th
the guidance in terms of net revenue growth.
Outlook remains unchanged from the trading update on Ju
The outlook for 2022 was adjusted to reflect a deceleration
spending driven by weakening consumer sentiment, extern
disruptions and rising inflation which is expected to have a
on discretionary spending for the remainder of this year wit
and higher uncertainty than normal.
Medium-term financial targets thro
In connection with the financial report for Q4 2020, the Bo
adopted updated financial targets for the medium term.
NET REVENUE GROWTH
The Group targets to outgrow the
market significantly to expand ma
ADJUSTED EBIT MARGIN
The Group targets an adjusted EB
between 5-7% during the period
The priority is a continued high investment in growth as well
strengthening of the customer experience, while maintaining
EBIT margin driven by the high average order value and loca
in the Nordics.