Tuesday, 02 January 2024 12:17 GMT

Verkkokauppa Oyj Has Completed The Sale Of Its Consumer Financing Business To Walley


(MENAFN- GlobeNewsWire - Nasdaq) Verkkokauppa.com Oyj has complete d the s ale of its consumer financing business to Walley

Oyj STOCK EXCHANGE RELEASE 4 September 2025 at 8:00 a.m. EEST

Oyj has completed the sale of its consumer financing business to Norion Bank AB and its payment solutions business unit Walley. An agreement to this effect was signed between Walley and on 2 June 2025. The preliminary price paid in connection with the conclusion of the deal is about EUR 34 million. The final purchase price will be determined through a post-closing reconciliation.

The transaction will result in a non-recurring gain on the disposal of about EUR 3 million, which will be reported as an item affecting comparability in connection with the Q3/2025 interim report. Apart from the non-recurring gain, the transaction is not expected to have a significant impact on result but will significantly improve the company's balance sheet structure. The transaction does not affect guidance for 2025.

has previously issued a stock exchange release concerning the matter on 2 June 2025.

More information:
Jesper Blomster, CFO, Oyj
...
Tel. +358 40 570 3083

Elisa Forsman, Head of Investor Relations and Corporate Communications, Oyj
...
Tel. +358 44 206 6094

is an e-commerce pioneer that stands passionately on the customer's side. accelerates the transition of commerce to online with Finland's fastest deliveries and ultimate convenience. The company leads the way by offering one-hour deliveries to more than 1.7 million customers, a winning assortment and probably always cheaper prices. Every day, the company strives to find more streamlined ways to surpass its customers' expectations and to create a new norm for buying and owning.

was founded in 1992 and has been online since day one. The company's revenue in 2024 was EUR 468 million and it employs around 600 people. is listed on the Nasdaq Helsinki stock exchange.


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