Stockmann: Declining earnings guidance for 2023 as expected
By Rauli Juva
Stockmann's Q4 result was slightly below our expectation, but 2023 guidance was roughly in line with expectations. We raised our 2023-24 estimates slightly. Our still topical initiation of coverage report is available here.
Lindex Group
2
2.1
Reduce
Reduce
Lindex Group operates in the retail industry. The Group manages a number of stores around larger shopping centers and commercial premises located in the Nordic market. The Group is a reseller of several brands and the range consists of shoes and associated accessories. The company is headquartered in Helsinki.
Read more on company pageKey Estimate Figures2023-02-26
2022 | 23e | 24e | |
---|---|---|---|
Revenue | 981.7 | 980.0 | 990.0 |
growth-% | 9.20 % | -0.17 % | 1.02 % |
EBIT (adj.) | 79.8 | 68.5 | 63.0 |
EBIT-% (adj.) | 8.13 % | 6.99 % | 6.36 % |
EPS (adj.) | 0.32 | 0.19 | 0.16 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 6.08 | 15.22 | 18.26 |
EV/EBITDA | 2.95 | 5.77 | 5.53 |
Forum updates