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Komplett ASA ( (DE:GJ60) ) has provided an update.
Komplett ASA reported a 3.8% increase in operating revenues for the first quarter of 2025, driven by improved market conditions and new product launches in Gaming and IT. Despite stable gross margins, operating costs rose slightly due to inflation and growth initiatives. The company’s strategic initiatives and cost measures are expected to yield positive results throughout the year, although global uncertainty poses challenges. CEO Jaan Ivar Semlitsch highlighted the company’s focus on leveraging economies of scale and implementing further cost measures, with expectations of positive effects from upcoming product launches.
More about Komplett ASA
Komplett Group is a leading e-commerce company specializing in electronics and IT products, operating in Norway, Sweden, and Denmark. It serves the consumer, business, and distribution markets, focusing on delivering exceptional customer experiences through knowledge, expertise, and engagement. The company employs an efficient and scalable business model that supports cost leadership and offers a competitive product range.
YTD Price Performance: 33.33%
Average Trading Volume: 663
Technical Sentiment Signal: Sell
Current Market Cap: €165.9M
See more insights into GJ60 stock on TipRanks’ Stock Analysis page.