Brief: Stockmann Expects Revenue To Be In Range Of EUR 960-1,020 Million In 2023

Lindex Oyj

24/02/2023 06:08

Feb 24 (Reuters) - Stockmann Oyj Abp  STOCKA.HE :
    * OUTLOOK: IN 2023, STOCKMANN EXPECTS GROUP'S REVENUE TO BE
IN
RANGE OF EUR 960-1 020 MILLION
    * OUTLOOK 2023: ADJUSTED OPERATING RESULT TO BE EUR 60-80
MILLION,
SUBJECT TO FOREIGN EXCHANGE RATE FLUCTUATION
    * OUTLOOK :GUIDANCE IS BASED ON ASSUMPTION THAT CONTINUING
HIGH
INFLATION WILL INCREASE COSTS FROM 2022 AND HAVE AN ADVERSE
IMPACT ON CONSUMER DEMAND
    * MARKET OUTLOOK: RETAIL MARKET IS EXPECTED TO REMAIN
CHALLENGING
DUE TO LOWER CONSUMER DEMAND AND INCREASED PURCHASING PRICES AND
OPERATING COSTS

Source text for Eikon:  ID:nWkr7LBMFv 
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