Finland's Lindex Group Q3 revenue rises on broad-based growth

Lindex

Thu 06:42

Overview
Finland retail group's Q3 revenue rose 6.1% yr/yr, with growth in both divisions
Adjusted operating result for Q3 increased, supported by higher gross profit and margin gains
Company narrowed 2026 guidance for adjusted operating result to EUR 75–90 mln

Outlook
Lindex Group sees 2026 revenue growing in local currencies compared to 2025
Company estimates 2026 adjusted operating result at EUR 75–90 mln
Company says market outlook remains uncertain amid geopolitical risks and fragile consumer confidence

Result Drivers
GROSS PROFIT GAINS - Lindex division's improved Q3 adjusted operating result was mainly driven by higher gross profit
REVENUE AND MARGIN - Stockmann division's Q3 adjusted operating result improved due to increased revenue and gross margin
BROAD-BASED GROWTH - Both divisions contributed to Q3 revenue growth across all categories, despite fragile consumer sentiment

Company press release: ID:nWkr8fGQMY

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q3 Revenue
 
EUR 241.50 mln
 
Q3 EPS
 
EUR 0.07
 
Q3 Gross Margin
 
60.10%
 
Q3 Adjusted EBIT
 
EUR 24.10 mln
 
Q3 EBIT
 
EUR 25.60 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)