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Why is LYKO-A up 3.21%?
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LYKO-A:STO
Lyko Group AB (publ)
SEK 109.40
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+3.21%(+3.40) 1D
Oct 20, 5:29:54 PM GMT+2 · SEK
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| Symbol | Price | Change | % Change |
|---|
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Open
SEK 106.20
High
SEK 112.80
Low
SEK 106.20
Mkt. cap
1.67B
Avg. vol.
7.52K
Volume
14.07K
52-wk high
SEK 149.60
52-wk low
SEK 56.30
EPS
-SEK 1.23
Shares outstanding
15.31M
No. of employees
1K
Open
SEK 106.20
High
SEK 112.80
Low
SEK 106.20
Mkt. cap
1.67B
Avg. vol.
7.52K
Volume
14.07K
52-wk high
SEK 149.60
52-wk low
SEK 56.30
EPS
-SEK 1.23
Shares outstanding
15.31M
No. of employees
1K
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Profile
Lyko traded as Lyko Group AB, is a Swedish cosmetics brick and mortar- and online retailer. As of 2022 the company reported revenues of 2.5 billion kronor, expected to have risen to 3 billion by the end of 2023, and is among the largest online retailers in Sweden.
The business started in 2003 as Lyko.se, when founder Stefan Lyko created a website to showcase his beauty salon's hair products. By 2006 the website was refined into an actual retail platform. In 2008 his beauty salon, "Hår och Skägg HB", was renamed to Lyko Hair AB. By 2010 the company relocated to nearby Vansbro, where their main warehouse was constructed. In 2017 the company was made public on Nasdaq First North, valued at 766 million kronor, and was again renamed Lyko Group AB. In 2018 the company made its first international venture, entering the Finnish market. By 2020 Lyko operated in eight countries. The 2019 Coronavirus pandemic doubled its customer base. However, the five brick and mortar stores owned by Lyko were closed. Wikipedia
About Lyko Group AB (publ)