Fiskars: Guidance for 2023 relatively good
By Rauli Juva
Fiskars Q4 figures had been published in advance, so the guidance played the main role in the report. Fiskars’ 2023 guidance is that comparable EBIT will be slightly below the 2022 level (2022: 151.0 MEUR). We raised our estimate slightly and expect EBIT to be EUR 135 million this year. We still see a positive change in Fiskars and a reasonable expected return.
Fiskars
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Fiskars is a manufacturer of products for homes and households. The product portfolio is broad and consists, for example, of scissors, garden and food tools, as well as other products for home and garden. The company operates worldwide, where the products are sold under various own brands. The largest business is found in the European market. The head office is located in Helsinki.
Read more on company pageKey Estimate Figures2023-02-08
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 1,248.4 | 1,187.1 | 1,260.2 |
growth-% | -0.47 % | -4.91 % | 6.16 % |
EBIT (adj.) | 151.0 | 135.4 | 157.3 |
EBIT-% (adj.) | 12.10 % | 11.41 % | 12.48 % |
EPS (adj.) | 1.42 | 1.19 | 1.41 |
Dividend | 0.80 | 0.80 | 0.82 |
Dividend % | 5.20 % | 4.65 % | 4.77 % |
P/E (adj.) | 10.83 | 14.46 | 12.16 |
EV/EBITDA | 8.08 | 8.28 | 6.94 |
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