Fiskars shares rise on Q1 adjusted EBIT beat

Fiskars

23/04/2026 09:08

** Shares in Finnish gardening, cooking, and home ware maker Fiskars FSKRS.HE rise about 7% after it posted its Q1 print that saw a beat on the profit line

** Its Q1 adjusted EBIT of EUR 25 million ($29.25 million) exceeded Inderes' view of EUR 16.5 million

** "The beat came from both divisions, albeit from different drivers," Inderes says in a note

** Fiskars expects this year's profit improvement to come mainly from the Vita segment, where the key is when inventories can be normalized and thus the gross margin will be at a better level, the broker adds

** If gains hold, Fiskars shares will track their best day since June 2024

($1 = 0.8547 euros)

 (Reporting by Elviira Luoma)

 ((Elviira.luoma@thomsonreuters.com))