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Strong ending to 2020 results in full year net sales growth of 63% and 27% adjusted EBITA margin

4 February 2021   Following issuance and subsequent listing of the SEK 1.1 billion senior secured bond to finance the acquisition of Poster Store AB (“Poster Store”), the Board of Desenio Group AB (publ) (the “Company” or “Desenio”) hereby publishes the following trading update ahead of the publication of the Company’s year-end report 2020 (which will be published on or around 12 February 2021). As a result of Desenio Group AB’s recent acquisition of Poster Store, the trading update includes certain consolidated pro forma financial figures including Poster Store.Selected preliminary

Desenio announces closing of Poster Store acquisition

Stockholm, Sweden – Reference is made to the announcement made on 25 November 2020 by Desenio Holding AB (“Desenio”) on the acquisition of Poster Store Sverige AB (“Poster Store”). Desenio is pleased to announce that the acquisition was completed on 17 December 2020. In connection with closing of the acquisition, a bond has been issued in Desenio. Following the acquisition, major shareholders and the management of Desenio are considering various strategic alternatives for the Group’s future, which may include both organic and inorganic growth initiatives, as well as offers to new

Desenio acquires Poster Store on mission to help people create beautiful homes through affordable wall art

Stockholm, Sweden – Desenio , Europe’s premier online provider of affordable wall art, has acquired 100 per cent of Poster Store, an international online retailer of design posters. The combined group will draw on its broad product offering, powered by its data-driven creative process and digital marketing expertise, to continue its mission to help people create beautiful homes through affordable and easily accessible wall art. Both companies will continue to operate under their respective brands as they expand operations across Europe, the U.S. and Asia.“The Poster

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