Anders Elgemyr, CEO of Jarl Securities, interviewed Thorsten Jansson, the CEO of New Wave Group during the event “Stora Aktiedagen” arranged by The Swedish Shareholders’ Association (Sw: Aktiespararna). New Wave owns 40+ companies and brand names (including Craft, Orrefors and Kosta Boda) and operates in three segments: corporate promo, sports & leisure and gifts & home furnishings. During the last fiscal year (2017), the Company had a turnover of SEK 5.6 billion with an operating profit before depreciation and amortization (EBITDA) of SEK 534 million (9.5%).
Some of the topics covered in the interview constitute Thorsten’s view on New Wave in 2019, whether New Wave will move into the e-commerce space, how New Wave has been affected by the global trade war and what he learned from the 2008 financial crisis.
