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FSKRS Fiskars News Story

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Fiskars rises on maintained dividend, BA Vita profit beat

** Shares in Finnish gardening, cooking, and home ware maker Fiskars FSKRS.HE rise 7% after a Q4 print that was a miss on the profit line, but said it expects an improvement in operating profit for 2026 from last year's weak level

** Fiskars also proposed maintaining the dividend unchanged at 0.84 euros/shr, which exceeds both Inderes analysts' and consensus expectations

** The co reported Vita's (BA Vita) comparable Q4 operating profit came to EUR 29.0 million, slightly above the company consensus of EUR 27.8 million

** It separately announced that it would launch a new, significant 28 million euro ($33.04 million) savings program at its business area Vita, that has been struggling with profitability

** "This is significant in terms of the group's overall profit level, although the impact of the company's cost-cutting programs in recent years has not been particularly visible in the profit line," Inderes says in a note

($1 = 0.8474 euros)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))

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