Anders Elgemyr interviews Thorsten Jansson (New Wave Group) – a diamond in the rough?
13 nov 2018
Anders Elgemyr, CEO of Carlsquare, 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.