Year-end report 2019
THE SUBSIDIARY QLIRO AB TO BE LISTED, CDON BEING PREPARED FOR DISTRIBUTION TO OWNERS AND NELLY IMPLEMENTS ACTION PLAN FOURTH QUARTER[1] · Net sales amounted to SEK 919.2 (1,047.0) million · The subsidiary Qliro AB (previously called Qliro Financial Services) increased its loan book by 39 percent and total operating income by 8 percent · CDON increased its external merchant sales by 75 percent · Nelly’s net sales decreased by 1 percent · The gross margin increased to 22.7 (23.6) percent · Operating profit before depreciation and amortization amounted to SEK -18.5 (