Lindex Group

2.69

EUR

-0.74 %

Corporate customer

LINDEX

NASDAQ Helsinki

Personal Goods

Consumer Goods & Services

6,753 following

-0.74%

+0.75%

-8.97%

-19.22%

-7.24%

-7.24%

+14.71%

+33.17%

-82.04%

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.

Market cap

434.77M EUR

Turnover

276.88K EUR

P/E (adj.) (24e)

21.14

EV/EBIT (adj.) (24e)

14.93

P/B (24e)

1.1

EV/S (24e)

1.08

Dividend yield-% (24e)

-

Coverage

Recommendation

Buy

Target price

3.50 EUR

Updated

2024-10-28

Latest research

Latest analysis report

Released: 2024-10-28

Latest extensive report

Released: 2023-12-19

Financial calendar

7/2

2025

Annual report '24

2/4

2025

General meeting '24

29/4

2025

Interim report Q1'25

Risk

Business risk

Valuation risk

Low

High

ShowingAll content types

Lindex Group: Swedish clothing market up in early December, logistics center making progress

Analyst Comment12/20/2024, 7:02 AM by

Lindex Group: Swedish clothing market up in early December, logistics center making progress

Growth in early December was entirely driven by strong online sales growth.

Press release12/19/2024, 8:00 AM

Lindex Group Oyj: Lindex's strategic growth investment proceeded successfully - the new omnichannel distribution centre launched on schedule

Press release12/19/2024, 8:00 AM

Lindex Group Oyj: Lindex strategiska tillväxtinvestering fortlöpte framgångsrikt - det nya omnilagret lanserades enligt plan

Join Inderes community

Don't miss out - create an account and get all the possible benefits

Inderes account

Followings and notifications on followed companies

Analyst comments and recommendations

Stock comparison tool & other popular tools

Analyst Comment12/18/2024, 7:29 AM by

Lindex Group: Strategic assessment of department stores to continue

Lindex announced yesterday that it is continuing to investigate strategic alternatives for its department store business, which was initiated in the fall of 2023, and expects this to be finalized during H1'25.

Regulatory press release12/17/2024, 2:30 PM

Lindex Group Oyj: Lindex Group continues investigating strategic alternatives for the Stockmann department stores business

Regulatory press release12/17/2024, 2:30 PM

Lindex Group Oyj: Lindexkoncernen fortsätter att utreda strategiska alternativ för Stockmanns varuhusverksamhet

Lindex Group: Swedish clothing market slightly up in November

Analyst Comment12/12/2024, 7:16 AM by

Lindex Group: Swedish clothing market slightly up in November

The November figures for the Swedish clothing market were published this morning. Sales in November increased by 1.6% year-on-year.

Regulatory press release12/11/2024, 8:00 AM

Lindex Group Oyj: Lindex Group Abp:s finansiella rapportering och ordinarie bolagsstämma år 2025

Regulatory press release12/11/2024, 8:00 AM

Lindex Group Oyj: Lindex Group plc's financial calendar and Annual General Meeting in 2025

Trade returned to growth in October

Analyst Comment12/2/2024, 7:09 AM by

Arttu Heikura, Rauli Juva

Trade returned to growth in October

The target market of Kesko, Tokmanni and Lindex's Stockmann division, i.e. department store and hypermarket chains, posted a 2.4% increase in revenue after a sluggish September. Growth was driven by food product groups (4.9%), while durable goods (-3.1%) continued their downward trend.

Kesko Tokmanni Group Lindex Group

Analyst Comment11/29/2024, 2:18 PM by

Lindex Group: Lindex loses district court in restructuring dispute

The Länsi-Uusimaa District Court on Friday upheld an earlier arbitration court ruling that the company should pay 16 MEUR "additional compensation" to LähiTapiola in the last outstanding restructuring dispute.

Regulatory press release11/29/2024, 11:00 AM

Lindex Group Oyj: The District Court of Länsi-Uusimaa has given a decision in the case between Lindex Group plc and LähiTapiola Keskustakiinteistöt Ky concerning the annulment of an arbitral award

Regulatory press release11/29/2024, 11:00 AM

Lindex Group Oyj: Västra Nylands tingsrätt har gett en dom i ärendet om upphävande av skiljedomen mellan Lindex Group Abp och LähiTapiola Keskustakiinteistöt Ky

Analyst Comment11/29/2024, 6:55 AM by

Lindex Group: Much to look forward to in the coming months

We expect a lot of news flow from Lindex in the near future, as the results of the strategic review of the department store business should be published later this year, the latest restructuring dispute will be decided by the court and, on top of that, the company's guidance is, in our view, susceptible to a profit warning.

Lindex Group: Swedish clothing market flat year-on-year in October

Analyst Comment11/13/2024, 7:43 AM by

Lindex Group: Swedish clothing market flat year-on-year in October

Sales in October increased by 0.4% year-on-year. Due to minor changes made earlier in the year, the cumulative figure for the year was not published, but we estimate it to be around 1%.

Regulatory press release11/6/2024, 10:00 AM

Lindex Group Oyj: Riku Lyly appointed Chief Operating Officer (COO) of Lindex Group plc's Stockmann division and member of the Group Management Team

Regulatory press release11/6/2024, 10:00 AM

Lindex Group Oyj: Riku Lyly har utnämnts till Chief Operating Officer (COO) för Lindex Group Abp:s Stockmanndivision samt till medlem av koncernens ledningsgrupp

Sluggish trade development in September

Analyst Comment10/31/2024, 10:10 AM by

Arttu Heikura, Rauli Juva

Sluggish trade development in September

The target market of Kesko, Tokmanni and Lindex’s Stockmann, i.e., the department store and hypermarket chains, saw revenue fall by one per cent in September.

Kesko Tokmanni Group Lindex Group

Research10/28/2024, 7:30 AM by

Lindex Q3'24: Poor result, restructuring brings potential

Lindex's Q3 results were weak as logistical challenges and a weak market environment weighed on earnings. The upper end of the guidance was lowered and the company now expects full-year adjusted EBIT to be in the range of 70-80 MEUR. Our forecast is 68 MEUR.

Regulatory press release10/25/2024, 1:45 PM

Lindex Group Oyj: Helsinki District Court has passed a court decision in a dispute between LähiTapiola Keskustakiinteistöt Ky and Stockmann AS

Forum discussions

Lindex Q3-resultat var svaga på grund av logistiska utmaningar och en svag marknadssituation. Bolaget sänkte den övre delen av sin prognos och förväntar sig nu att hela årets justerade EBIT blir 70–80 miljoner euro. Inderes prognos ligger på 68 miljoner euro. Trots att resultatet...

10/28/2024, 8:00 PM

by börsen84

3

Vi förväntar oss ett stort nyhetsflöde från Lindex under den närmaste tiden. Nyheter om resultatet av den strategiska översynen väntas, uppdatering om den senaste omstruktureringstvisten och enligt vår uppfattning finns även risk för en vinstvarning. Inderes Lindex Group: Much to...

11/29/2024, 7:11 AM

by Jesper Hagman

2

Du kanske redan har läst men detta kom samtidigt som du skrev: Inderes Lindex Group Oyj: Helsingfors tingsrätt har gett en dom i tvisten mellan... LINDEX GROUP Abp, Insiderinformation 25.10.2024 kl. 16.45 EESTHelsingfors tingsrätt har gett en dom i tvisten mellan LähiTapiola Keskustakiinte...

10/25/2024, 2:17 PM

by Jesper Hagman

2

Någon som har källa på det beryktade utfallet i Tingsrätten för Lindex tidigare idag?

10/25/2024, 1:36 PM

by Sixtenjonsson1

2

Ja, den strategiska utvärderingen ska bli intressant att höra mer om som du nämner. Personligen gillar jag Lindex butikerna här i Stockholm som jag allt för ofta är inne i p.g.a det är en favorit hos min sambo. Lagom till skrivandet så publicerar analytiker Rauli sina kommentarer...

10/23/2024, 6:34 AM

by Jesper Hagman

2

Spännande! Vad anser du är viktigast framåt här för Lindex?

10/22/2024, 9:06 AM

by Jesper Hagman

2

Den svenska klädmarknaden låg kvar på samma nivå som förra året i oktober. The October figures for the Swedish clothing market were published this morning. Sales in October increased by 0.4% year-on-year. Due to minor changes made earlier in the year, the cumulative figure for the...

11/13/2024, 11:15 PM

by börsen84

1

Read more on our forum

Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.