Article on Haypp Group’s listing and growth in Norway
Norwegian finance outlet Finansavisen has published an article about Haypp Group’s sales increase in Norway and the company’s intention to list its shares on Nasdaq First North Growth Market at a company value of SEK 1.9 billion. Haypp Group’s Norwegian eCommerce platform Snushjem.no increased its revenue with 255% in 2020, and Haypp Group reported a growth of 116% the same year.
“Haypp Group has grown substantially during the last years, and we’re seeking investments to expand to additional markets.”, says Gavin O’Dowd, CEO of Haypp Group.
“New investors are showing a lot of interest. This is an effect of our considerable growth, but also due to how consumers are using our products to switch from cigarettes to less harmful alternatives.” According to Gavin O’Dowd.
Haypp Group shares will be made available for trade on Nordnet.no.
Read full article (in Norwegian) here.