Haypp Group’s Q3 interim report widely covered in Swedish business media
Earlier today, the 8th of November, Haypp Group announced its financial and operating results for the third quarter. The interim report was widely covered in Swedish business media.
Ehandel.se noted Haypp Group’s strong performance through an increase in net sales by 22 per cent to SEK 768.9 million and an operating profit of SEK 7.7 million, which Market also referenced.
“Nicotine pouches volume grew by 37 per cent during the third quarter and by 39 per cent year to date, and now accounts for an all-time-high of 53 per cent of the total volume during a single quarter. All in all, Haypp Group continues to make strong progress in the transformation to this rapidly growing category, which is still in its infancy”, says Haypp Group's CEO Gavin O’Dowd.
Dagens Industri, Affärsvärlden and Privata Affärer also reported about Haypp Group’s Q3 interim report.
For more in-depth comments on the Q3 interim report, CEO Gavin O’Dowd and CFO Peter Deli held a webcast through Financial hearings, which is available here.