Brief: Stockmann To Propose No Dividend For 2023

Lindex Oyj

09/02/2024 07:13

Feb 9 (Reuters) - Stockmann Oyj Abp  STOCKA.HE :
    * BOARD OF DIRECTORS WILL PROPOSE THAT NO DIVIDEND BE PAID
FOR
FINANCIAL YEAR 2023
    * OUTLOOK: IN 2024, STOCKMANN GROUP EXPECTS ITS REVENUE TO
INCREASE BY 1-3% IN LOCAL CURRENCIES COMPARED TO 2023
    * OUTLOOK 2024: GROUP'S ADJUSTED OPERATING RESULT IS
ESTIMATED TO
BE EUR 70-90 MILLION
    * MARKET ENVIRONMENT IN 2024 IS EXPECTED TO REMAIN
CHALLENGING
    * RETAIL SECTOR MAY BE AFFECTED BY LOWER CONSUMER DEMAND
    * DISRUPTIONS IN SUPPLY CHAINS AND INTERNATIONAL LOGISTICS
DURING
YEAR CANNOT BE EXCLUDED EITHER

Source text for Eikon:  ID:nWkr6PjNQN 
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