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MarketScreener Homepage  >  Equities  >  Swiss Exchange  >  Valora Holding AG    VALN   CH0002088976

VALORA HOLDING AG

(VALN)
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Valora : launches online store avec now

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04/09/2020 | 10:23am EDT

Handmade, regional and fresh - the essence of the avec concept. Valora is thus adopting the latest foodvenience trends. From Wednesday, 8 April 2020, Valora's convenience format offering goes online atwww.avecnow.chwith immediate home delivery for customers.

The avec stores in Giswil (OW) and Küsnacht (ZH) will deliver to local customers, including those in the surrounding municipalities, as part of a pilot. A roll-out to other regions is currently being planned.

There are more than 1,000 articles to choose from, such as baked goods, drinks, milk, meat and household products. The ordered goods are packaged in the avec stores in Giswil and Küsnacht and delivered three and two times a day respectively, from Monday to Sunday, so the customer always receives the order within a day. Delivery is free of charge from an order value of CHF 100.

Expansion of digital shopping

The avec now online store is the latest expansion of the avec brand launched in the summer of 2018 and a continuation of Valora's digital strategy in the convenience area. One year ago, Valora launched two cashier-free sales formats at Zurich main station: avec box and the future store avec X, where access, purchase and payment are controlled by an app. The avec box is currently open at the ETH Zurich Hönggerberg campus and Wetzikon station.

Further information is available at www.avecnow.ch.

Disclaimer

Valora Holding AG published this content on 09 April 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 09 April 2020 14:22:04 UTC

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Financials
Sales 2020 1 735 M 1 899 M 1 899 M
Net income 2020 -6,58 M -7,20 M -7,20 M
Net Debt 2020 713 M 780 M 780 M
P/E ratio 2020 -85,3x
Yield 2020 -
Capitalization 606 M 662 M 663 M
EV / Sales 2020 0,76x
EV / Sales 2021 0,64x
Nbr of Employees 3 588
Free-Float 82,3%
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Mean consensus HOLD
Number of Analysts 5
Average target price 192,50 CHF
Last Close Price 153,60 CHF
Spread / Highest target 30,2%
Spread / Average Target 25,3%
Spread / Lowest Target 17,2%
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Managers
NameTitle
Michael Müller Chief Executive Officer
Franz Julen Chairman
Beat Fellmann Chief Financial Officer
Michael Kliger Director
Insa Klasing Director
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