Q2 2021 Europris ASA Earnings Call Transcript

Jul 15, 2021 / 07:00AM GMT
Espen Eldal - Europris ASA - CEO

Good morning, and welcome to Europris presentation of the second quarter results. I know it's a busy reporting morning for analysts and investors, but I hope that you are comfortably seated and ready for today's presentation. Joining me today is CFO, Stina Byre Steven, who will present the financial details for the quarter and the Investment Relations officer, Trine Englokken, and she will manage the questions at the end of today's session.

In May, it was 29 years ago, we opened the first Europris store at Støperigaten Stavanger. Since then, I'm really proud to say that we have had 29 years of consecutive growth for Europris. And at the age of 29, Europris has become a household name in Norway and the clear market leader in discount retail. But we still feel young and promising and are really looking forward for the years to come.

The recipe for success in the 29 years has been hard work, and that was also the fact for the second quarter of 2021. Let's have a look at the highlights. In a challenging quarter, we delivered record results. The challenge was

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