Strategy and financial targets
Duell is aiming for significant revenue growth. Acquisitions, promoting online sales and new brands are key priorities in the growth strategy.
To be the best partner for dealers and brand owners throughout Europe
Strengthen its leading market position in the Nordics.
Increasing market share by attracting new customers and increasing the share of total customer purchases.
Expansion into new markets and product categories. adding existing group brands and product categories to its country specific product offerings.
M&A transactions. Duell has identified several potential targets.
In larger M&A transactions, Duell may also consider a mix of debt and equity financing to incentivise sellers.
Duell is able to provide its partners fast and accurate order processing, one stop shop approach in product sourcing, broad product inventory and dynamic and flexible deliveries.
Duell also provides business to business online stores and system integrations that enable cross-docking, drop-shipping, automated processes and orders as well as checking stock availability in real time. Furthermore, Duell is continuously improving its Product Information Management platform to increase overall transparency and seamless coverage of product information.
Duell also aims to effectively support traditional offline customers in making the shift towards the online dealer space in addition to supporting traditional offline dealers.
Including more brands and optimising in its product portfolio.
To attract best brand suppliers by offering a strong value proposition.
In addition to best brands, Duell distributes top and transitional brands that have the potential to be converted into own brands when certain volume requirements are met and Duell finds a suitable supplier, and that generally have higher margins than third party brands.
Duell will consider acquiring own brands
Duell expects that organic net sales with comparable currencies will be at the same level or lower as the previous year.
Adjusted EBITA is expected to be below last year's level.