The following is excerpted from the question-and-answer section of the transcript.
(Questions from industry analysts are provided in full, but answers are omitted - download the transcript to see the full question-and-answer session)
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: It's Carl Ragnerstam here from Nordea. So I have a few questions. First of all, we can see that you managed to take out SG&A quite nicely during
the quarter. Is it much more to do in terms of taking out hedge costs for Q4 and going into 2020?
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: Okay, perfect. You also mentioned that you're gaining market shares in the Nordics. Could you specify in what geographies and market segments
as well?
Question: Carl Ragnerstam - Nordea Markets, Research Division - Analyst
: Okay. And speaking of Norway and Finland, they're seemingly weakening. Have you seen any change just to the overall pricing landscape?
Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst
: Marcela Klang at Handelsbanken here. Congratulations on the low working capital. I wondered, how comfortable are you with your inventory
levels? Now obviously, we are entering a lower season. But are you comfortable with your industry levels or could there be a risk of any bottleneck?
Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst
: Sounds good. Another question related to e-commerce. It is 10% of the group right now and you mentioned previously Denmark is the most
mature market in -- for e-commerce. But how big a part of that, that is booked on the e-commerce under Inwido South actually relates to Sweden
and Finland?
Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst
: Maybe 1/3 in the North?
Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst
: Could you also speak a little bit about your latest initiative towards the retail segment, Elitf÷nster Ps Plats, how has that developed? Do you have
more initiatives coming to target consumers in the North?
Question: Marcela Klang - Handelsbanken Capital Markets AB, Research Division - Analyst
: And the final question from me, you mentioned some part of Danish production going to the U.K. and being [present] by Brexit. How big part of
Denmark actually goes to the U.K. approximately?
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OCTOBER 23, 2019 / 8:00AM, INWI.ST - Q3 2019 Inwido AB (publ) Earnings Call
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