The end of the restructuring is approaching
By Rauli Juva
Lindex Group’s Q1 result fell short of our expectations and the comparison period, but the full-year guidance was repeated. The company has only one open dispute concerning the restructuring, and thus ending the restructuring is realistic already in the near future, which we find positive.
Lindex Group
2.96
3.50
Accumulate
Accumulate
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 Figures29.04
2023 | 24e | 25e | |
---|---|---|---|
Revenue | 951.7 | 971.8 | 992.0 |
growth-% | -3.06 % | 2.11 % | 2.08 % |
EBIT (adj.) | 80.1 | 76.1 | 77.0 |
EBIT-% (adj.) | 8.42 % | 7.83 % | 7.76 % |
EPS (adj.) | 0.16 | 0.20 | 0.22 |
Dividend | 0.00 | 0.00 | 0.09 |
Dividend % | 3.30 % | ||
P/E (adj.) | 18.05 | 13.48 | 12.34 |
EV/EBITDA | 5.56 | 5.59 | 4.82 |