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

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

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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.)