Brief: Stockmann Q1 Operating Result Swings To Loss Of EUR 2.9 Million

Lindex Oyj

28/04/2023 06:10

April 28 (Reuters) - Stockmann Oyj Abp  STOCKA.HE :
    * Q1 REVENUE INCREASED BY 1.2% AND WAS EUR 198.5 MILLION
(196.1).
    * BOTH LINDEX DIVISION AND STOCKMANN DIVISION STRENGTHENED
SALES
AND PROFITABILITY.
    * Q1 OPERATING RESULT WAS EUR -2.9 MILLION (9.8).
    * GUIDANCE FOR 2023 UNCHANGED
    * INFLATION TOGETHER WITH HIGH INTEREST RATES, IS FORECAST
TO HAVE
A NEGATIVE IMPACT ON CONSUMER CONFIDENCE AND PURCHASING POWER

Source text for Eikon:  ID:nWkr96VyLn 
Further company coverage:  STOCKA.HE 

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