Europris ASA

Europris ASA is a retail company based in Norway, specializing in a wide variety of consumer goods sold through physical stores and an online platform. It offers a diverse selection of products for everyday needs. Founded in 1992 in Fredrikstad, Norway, Europris ASA operates in the retail sector, providing consumer goods through both brick-and-mortar and online channels. The company does not have any known subsidiaries or parent companies.

Europris has not undergone any significant pivots in its business strategy and has maintained a consistent focus on its retail operations. The company's founder's specific history is not available. Europris has raised a total of NOK 1. 91 billion, with its most recent funding round being a Private Placement in March 2017, which marked the latest in a series of five deals since its inception.

Europris ASA is primarily engaged in retail, offering a wide range of consumer goods including household items, garden supplies, camping gear, and seasonal products. The company operates a multi-channel retail model, allowing customers to shop both online and in physical stores. Europris also features a 'Klikk & Hent' service, enabling customers to order online and collect items in-store, enhancing the convenience of the shopping experience. In 2023, Europris reported a revenue of NOK 897,323.

5 mn, with an EBITDA of NOK 186,701. 8 mn for the same year. The company's revenue is generated from direct sales of both proprietary and third-party products through its retail network, focusing on B2C transactions that encourage repeat business and higher volume purchases. Future growth for Europris ASA includes plans to expand its product line and possibly enter new geographic markets.

Specific details on upcoming product launches or market expansion initiatives have not been disclosed. Recent funding from the NOK 1. 91 billion raised in March 2017 will likely support these growth initiatives, although exact details about the allocation of these funds are not provided.