Verkkokauppa.com Releases Annual Reporting Package for 2024
Verkkokauppa.com Oyj has officially published its Annual Reporting package for 2024. This comprehensive reporting suite encompasses essential documents such as the Financial Statements and the Report of the Board of Directors, which all include significant elements like the Sustainability Statement, Corporate Governance Statement, Remuneration Report, and a Company Brochure.
Detailed Overview of Financial Statements
Verkkokauppa.com’s Financial Statements adhere to the European Single Electronic Format (ESEF) reporting requirements, utilizing the Extensible Hypertext Markup Language (xHTML) format. To comply with ESEF guidelines, primary Financial Statements are tagged with XBRL identifiers, while notes to Financial Statements are labeled accordingly with XBRL block tags. This meticulous diligence ensures a high standard of transparency. Furthermore, the independent audit firm PricewaterhouseCoopers Oy affirmatively noted their reasonable assurance on Verkkokauppa.com’s ESEF Financial Statements as per the ISAE 3000 standard.
Commitment to Sustainability
In line with its values, Verkkokauppa.com has also unveiled its Sustainability Statement, crafted following the EU Sustainability Reporting Standards (ESRS). This document lays bare the company’s governance practices in the realms of sustainability, addressing key issues identified as material. Importantly, it highlights the company’s sustainability targets along with its achievements and progress in these areas for 2024. PricewaterhouseCoopers Oy has also assured this Sustainability Statement at a limited assurance level, reinforcing the commitment to accountability.
Insights into the Remuneration Policy
In addition to the reporting package, Verkkokauppa.com has released an updated Remuneration Policy. This document was initially presented during the Annual General Meeting, emphasizing that the policy requires a reevaluation at least every four years or whenever significant changes occur. Thus, the upcoming Annual General Meeting will serve to discuss any updates gathered since the last presentation.
Additional Resources Available
All publications included in the reporting package, as well as the updated Remuneration Policy, are accessible to the public. They can be read and downloaded as separate PDF files in both Finnish and English on Verkkokauppa.com’s official website: investors.verkkokauppa.com/en/investors/reports_and_presentations.
About Verkkokauppa.com
Verkkokauppa.com is an innovative e-commerce leader dedicated to enhancing customer experiences. Pioneering online commerce in Finland, the company is renowned for its rapid delivery services, often completing orders in just one hour to over 1.7 million customers. Through a wide array of products and competitive pricing, Verkkokauppa.com continually seeks efficient ways to exceed customer expectations and redefine the standards of online shopping.
Founded in 1992, Verkkokauppa.com has operated online since its inception. The company’s revenue for the fiscal year 2024 was reported at EUR 468 million, employing approximately 600 people. As a listed entity on the Nasdaq Helsinki stock exchange, Verkkokauppa.com maintains robust financial transparency in all its operations.
Frequently Asked Questions
What does the 2024 reporting package include?
The 2024 reporting package includes the Financial Statements, Report of the Board of Directors, Sustainability Statement, Corporate Governance Statement, and Remuneration Report.
Who is responsible for auditing the Financial Statements?
PricewaterhouseCoopers Oy is the independent audit firm providing assurance on Verkkokauppa.com’s Financial Statements.
What are the key focuses of the Sustainability Statement?
The Sustainability Statement addresses governance practices related to material sustainability issues and outlines the company’s sustainability targets and progress.
When was the Remuneration Policy last updated?
The Remuneration Policy was last presented at the Annual General Meeting held on 25 March 2021.
How can I access the full reports?
The reports can be accessed and downloaded as PDFs in both Finnish and English on the company’s investor relations website.
