3Q: calm before the storm.
Euroeat expanding online channels.
A challenging quarter. Not only for us at Euroeat, but for the whole consumer & retail business in China.
Growth with better profitability.
The agreement also covers Moomin branded products designed and manufactured by Euroeat in China.The agreement is signed between Euroeat Oy and Rights and Brands Asia Ltd.
The parties have signed a non-exclusive distribution agreement for mainland China.
4Q EBITDA positive with all time record sales.
Our Martyn Qu & Danica Yang from Beijing give a business update in the middle of the hectic 11.11. and 12.12. shopping festival season.
Moomin Characters Oy Ltd’s retail arm makes a strategic investment to Euroeat Oy.
Solid positive development continued through 3Q: compared to 3Q2020, we improved substantially all the critical KPIs.