Overview
Finland-based retail group's Q4 revenue rose 4% to EUR 284.7 mln
Adjusted operating result improved to EUR 39.4 mln, driven by higher gross profit
Company expects 2026 revenue growth in local currencies
Outlook
Lindex Group expects 2026 revenue growth in local currencies compared to 2025
Adjusted operating result for 2026 estimated at EUR 70−95 million
Company notes geopolitical uncertainty may affect economic growth in key markets
Result Drivers
LINDEX DIVISION GROWTH - Lindex division's revenue increased by 7.6%, driven by improved gross profit and digital sales growth
STOCKMANN DIVISION EFFICIENCY - Stockmann division's adjusted operating result improved due to successful cost efficiency measures
DIGITAL SALES INCREASE - Lindex's digital revenue grew by 15%, supporting strategic targets for digital commerce
Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q4 Revenue
EUR 284.70 mln
Q4 Gross Margin
59.10%
Q4 Adjusted EBIT
EUR 39.40 mln
Q4 EBIT
EUR 33.80 mln
Analyst Coverage
The one available analyst rating on the shares is "strong buy"
The average consensus recommendation for the department stores peer group is "buy."
Wall Street's median 12-month price target for Lindex Group Oyj is €3.13, about 33.3% above its February 5 closing price of €2.35
The stock recently traded at 11 times the next 12-month earnings vs. a P/E of 14 three months ago
Press Release: ID:nWkr3cdfZy
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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.)