contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          slug
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


fiskars-demand-situation-still-fragile-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Fiskars is a manufacturer of products for the home and household. The product range is broad and consists of, for example, scissors, garden and food tools, as well as other products for the home and garden. Operations are held on a global level where the products are sold under various own brands. The largest operations are found in the European market. The headquarters are located in Helsinki.

Here are Rauli’s comments on Fiskars’ Capital Markets Day  Fiskars held a Capital Markets Day yesterday, where it presented new financial targets for the years 2026-30 for both its two divisions separately and for the Group. The targets were roughly in line with our expectations and therefore do not necessitate any changes to our forecasts. No news was heard regarding a potential demerger of the company, and we do not believe anything will happen in that regard in the near future.                   Inderes – 13 May 26              Fiskars CMD: Vitan kannattavuuskäänne edelleen tärkein ajuri  - Inderes    Fiskars esitteli uusia taloudellisia tavoitteita divisioonille ja konsernille.

Here are Rauli’s comments regarding Fiskars’ new financial targets.  Fiskars published its new business area-specific financial targets for 2026–2030 on Tuesday morning as expected in this release. The new targets reflect the company’s transition into operationally independent Vita and Fiskars segments. In our view, the target levels are well in line with our preliminary expectations, and in particular, much-needed realism has been restored to the profitability targets after the over-optimism of the previous strategic period. The publication of the targets alone does not cause an immediate need for changes to our forecasts, but we expect more detailed steps from this afternoon’s Capital Markets Day (CMD), especially regarding the implementation of Vita’s earnings turnaround.                   Inderes – 12 May 26              Fiskars julkaisi uudet, odotetun suuntaiset taloudelliset tavoitteet - Inderes    Uudet tavoitteet heijastelevat yhtiön siirtymistä operatiivisesti itsenäisiin Vita- ja Fiskars-segmentteihin.

Here are Rauli’s pre-CMD comments.  Fiskars will host a Capital Markets Day on Tuesday, May 12, where we expect it to outline its strategies and announce financial targets separately for the Vita and Fiskars segments. A split of the company into two is also possible, but we do not expect news regarding this at the CMD. The company has already presented the segments separately last year, so we do not expect significant news from the day.                   Inderes – 8 May 26              Fiskarsilta odotetaan segmenttikohtaisia tavoitteita CMD:llä - Inderes    Fiskars järjestää tiistaina 12.5. pääomamarkkinapäivän, jossa odotamme sen kertovan strategioistaan ja julkistavan taloudelliset tavoitteet erikseen Vita- ja Fiskars-segmenteille.

Rauli has written a new company report on Fiskars, and here it is.  Fiskars’ Q1 results were clearly better than our expectations, leading us to raise our forecasts for this year, while the forecasts for the coming years remain unchanged. However, we still consider the valuation high (e.g., 2026 P/E 19x). We reiterate our target price of 11.5 euros and lower our recommendation to Sell (prev. Reduce).                   Inderes              Fiskars Q1'26: Q1-tulos yllätti positiivisesti, mutta arvostus jarruttaa -...    Fiskarsin Q1-tulos oli selvästi odotuksiamme parempi, minkä myötä nostimme ennusteitamme tälle vuodelle.

My understanding is that there are “a few months” (this is the company’s previous comment) long contracts, not actual hedges, from which I then concluded that the higher price will start to show during Q2 or Q3. I wrote quite cautiously there that they “may start”. The text below is, as far as I know, one of the only points in the annual report where raw material hedging is mentioned; the market doesn’t really get much wiser from that even if they had read it

Quote from the earnings preview: “energy prices may already begin to be reflected in costs during Q2, especially at the Rogaska glass factory, which uses a significant amount of natural gas.” Then the CEO in Kauppalehti’s Talousaamu today: “Then there are raw materials and materials, whether it’s plastic, metal, fuel, or gas and so on. Regarding those, the market has somehow forgotten to read the footnotes. We have had a fairly solid hedging policy all along,” Luomakoski notes. I wonder what explains the contradiction @Rauli_Juva , at least I understand that gas prices would also be hedged!?

Fiskars Q1 is out, looks quite good: Fiskars Corporation: Fiskars Oyj Abp:n osavuosikatsaus tammi-maaliskuulta 2026: Vakaa alku vuodelle; vertailukelpoinen liikevaihto ja vapaa rahavirta kasvoivat, vertailukelpoinen EBIT 25 miljoonaa euroa - Inderes January-March 2026 in brief:  Comparable net sales1 increased by 2.3% and amounted to EUR 282.9 million (1-3/2025: 276.6). Reported net sales decreased by 3.1%. Comparable EBIT2 decreased to EUR 25.0 million (26.8), and was 8.8% (9.2%) of net sales. EBIT increased to EUR 19.6 million (-4.6). Cash flow from operating activities before financial items and taxes increased to EUR 7.5 million (-2.1). Free cash flow increased to EUR 0.9 million (-17.4). Comparable earnings per share was EUR 0.16 (0.15). Earnings per share was EUR 0.11 (-0.16).

Fiskars

The overall demand situation has remained soft in most of Fiskars' key markets. H1 is seasonally important for Fiskars BA, and we note cautiousness in the important US market. We also believe...

The overall demand situation has remained soft in most of Fiskars' key markets. H1 is seasonally important for Fiskars BA, and we note cautiousness in the important US market. We also believe a cold winter in the Nordics could affect Q1 gardening sales. The company has actively managed inventories in Vita BA, which could have supported sales but is likely burdening profitability to some extent. The CMD event in May could offer a tangible road map on how to boost top-line development in both business areas (BAs). Driven by slightly lower estimates and reduced peer multiples, we derive a lower DCF- and multiples-based fair value range of EUR 10.3-13.0 (11.1-14.0).

Fiskars: Demand situation still fragile - Nordea

Fiskars: Demand situation still fragile - Nordea