Finland's Lindex Group Q3 revenue rises on broad-based growth

By Reuters News


Overview

  • Finland retail group's Q3 revenue rose 6.1% yr/yr, with growth in both divisions

  • Adjusted operating result for Q3 increased, supported by higher gross profit and margin gains

  • Company narrowed 2026 guidance for adjusted operating result to EUR 75–90 mln


Outlook

  • Lindex Group sees 2026 revenue growing in local currencies compared to 2025

  • Company estimates 2026 adjusted operating result at EUR 75–90 mln

  • Company says market outlook remains uncertain amid geopolitical risks and fragile consumer confidence


Result Drivers

  • GROSS PROFIT GAINS - Lindex division's improved Q3 adjusted operating result was mainly driven by higher gross profit

  • REVENUE AND MARGIN - Stockmann division's Q3 adjusted operating result improved due to increased revenue and gross margin

  • BROAD-BASED GROWTH - Both divisions contributed to Q3 revenue growth across all categories, despite fragile consumer sentiment


Company press release:


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Q3 Revenue

EUR 241.50 mln

Q3 EPS

EUR 0.07

Q3 Gross Margin

60.10%

Q3 Adjusted EBIT

EUR 24.10 mln

Q3 EBIT

EUR 25.60 mln


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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.)

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