Ellos Group provides full year guidance reflecting continued strong financial performance in October and November
Press release, Borås, 7 December, 2023 Ellos Group AB (publ) continues its strong financial performance during the first two months of Q4 and provides full year guidance where adjusted EBITA is expected to more than double while the improvement in net leverage already seen over the year will continue and accelerate during Q4. In Q4 so far, Ellos Group has welcomed hundreds of thousands of new customers – despite a continued difficult market, where consumer purchasing power remains dampened – which is a result from the strategic focus to strengthen the position as the leading e-