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Nelly Group AB (publ)
STO:NELLY

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Nelly Group AB (publ)
STO:NELLY
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Price: 32.05 SEK 3.72% Market Closed
Market Cap: 962.1m SEK

Nelly Group AB (publ)
Investor Relations

Nelly Group AB is an online fashion brand among young women in the Nordic regions, which provides e-commerce business services. The company is headquartered in Boras, Vastra Gotalands and currently employs 250 full-time employees. The company went IPO on 2010-12-15. With a direct-to-consumer strategy and own brand NLY by Nelly, it offers fashion and beauty products to young women through Nelly.com. Its assortment includes lingerie and swimwear, clothing, accessories, beauty products and sportswear for women. The clothes and accessories are purchased from manufacturers in, for example, the United Kingdom, Turkey and China. The firm operates on the Scandinavian market.

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Earnings Calls

2024 Q3
Oct 25, 2024
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Nelly Group's Steady Growth and Improved Profitability in Q3
2024 Q3
Oct 25, 2024

In the third quarter, Nelly Group reported a 1.4% increase in net revenue to SEK 239.6 million and after-tax profits of SEK 22.3 million. The company has strengthened its own brand share to 45.2% from 39.4% and improved its operating margin to 10.5%, significantly up from 5.4% a year ago. The gross margin rose to 54.5%, reflecting consistent improvements in operational efficiency. While some out-of-stock challenges impacted sales, a focus on marketing and unique product offerings helped maintain profitability. The company ended the quarter with a strong cash position of SEK 190 million, showcasing healthier financial management.

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Management

Ms. Helena Karlinder-Ostlundh
Chief People, Communications & Sustainability Officer and CEO
No Bio Available
Mr. Niklas Lingblom
Chief Financial Officer
No Bio Available
Mr. Stefan Svensson
Chief Operations Officer
No Bio Available
Mr. Anders Hellberg
Chief Technology Officer
No Bio Available
Mr. Niclas Lilja
Head of Investor Relations
No Bio Available
Ms. Madeleine Einarsson
Chief Sales Officer
No Bio Available
Ms. Lotta Fermen
Chief Assortment Officer
No Bio Available

Contacts

Address
VASTRA GOTALANDS
Boras
Lundbygatan 1
Contacts