Fiskars: Entering a new growth stage with winning brands
Fiskars' equity story has progressed to an interesting turning point when the new strategy period focuses on growth and operational profitability, which has risen to a good level, and non-recurring costs that have weighed on earnings for long are expected to be completed. We want more evidence from the company before we are convinced that the financial objectives of the new strategy period will be met, but ambitious goals and strong performance under new leadership are encouraging signals to investors.
Fiskars
Fiskars is a manufacturer of products for homes and households. The product portfolio is broad and consists, for example, of scissors, garden and food tools, as well as other products for home and garden. The company operates worldwide, where the products are sold under various own brands. The largest business is found in the European market. The head office is located in Helsinki.
Read more on company pageKey Estimate Figures28.12.2021
2020 | 21e | 22e | |
---|---|---|---|
Omsætning | 1.116,2 | 1.229,1 | 1.199,4 |
vækst-% | 2,36 % | 10,12 % | -2,42 % |
EBIT (adj.) | 109,1 | 154,1 | 150,3 |
EBIT-% (adj.) | 9,77 % | 12,54 % | 12,53 % |
EPS (adj.) | 0,97 | 1,21 | 1,45 |
Udbytte | 0,60 | 0,80 | 0,95 |
Udbytte % | 4,01 % | 5,48 % | 6,51 % |
P/E (adj.) | 15,52 | 12,07 | 10,05 |
EV/EBITDA | 7,32 | 6,27 | 5,61 |