RevolutionRace
Apparel & Accessories Retail · Sweden · 51-200 Employees
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Overview
Headquarters
Nils Jakobsonsgatan 5d, Borås, Vaestra G...Website
www.revolutionrace.seRevenue
$44.4 MillionIndustry
About RevolutionRace
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RevolutionRace News & Media
Strong year of global growth – RevolutionRace’s net sales grew by 48% to SEK 1,331.5 million, while EBIT grew by 59% to SEK 366.8 million over the financial year 2021/22
“I take great pride and satisfaction in RevolutionRace’s earnings over its first financial year as a listed company. Fourth quarter demand remained strong, despite macroeconomic challenges altering consumer behaviour. Summing up the 2021/22 financial year, I am happy to affirm that RevolutionRace has been able to close the books for a highly successful year of operations characterized by strong growth in numerous markets.” says Pernilla Nyrensten, CEO and co-founder of RevolutionRace. Fourth quaPernilla Nyrensten decides to step down as CEO of RevolutionRace
RVRC Holding AB (“RevolutionRace”) today announced changes to its leadership team. Pernilla Nyrensten, who is currently the CEO has at her own request announced the intention to step down as CEO. Pernilla Nyrensten will continue as an active member of the Board of Directors with a particular focus on brand and sales. A process to find a new CEO will start immediately and in the interim, the current Chairman of the Board, Paul Fischbein, willInvitation to RevolutionRace’s presentation of the full-year report 2021/2022
RVRC Holding AB (publ) will publish its full-year report for the fiscal year 2021/22 on August 16, 2022 at 07:30 CET. The report will be presented in a webcast and teleconference at 10:00 CET the same day. The CEO and CFO will present the report and answer questions. The presentation will be held in English. Follow the presentation live on: https://financialhearings.com/event/43325 To listen to the conference by phone, please dial: SE: +46850558368 UK: +443333009268 US:RevolutionRace continues to grow globally – net sales increased by 50 percent to SEK 367.4 million and EBIT by 61 percent to SEK 103.5 million in the third quarter
“It brings me both satisfaction and pride that RevolutionRace continues to gain market share globally. Net sales in the third quarter increased by 50 percent to SEK 367.4 million, and gross profit rose to SEK 268.5 million, corresponding to a gross margin of 73.1 percent. Operating profit (EBIT) rose by 61 percent to SEK 103.5 million with a strengthened EBIT margin amounting to 27.0 percent. With our strong financial position, operational implementation capability, digital positioning
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Frequently Asked Questions Regarding RevolutionRace
Founded in 2013 and headquartered in Borås, Sweden, RevolutionRace is a sports and outdoor wear and accessories company.... Read More