Stockmann: Ownership changes bring new potential
By Inderes
We see potential for longer-term value creation from Stockmann's new owner, but structural changes in the near term seem unlikely, as we have previously assessed. We have made cosmetic changes to our estimates.
Lindex Group
2.05
2.10
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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 Figures2023-01-20
2021 | 22e | 23e | |
---|---|---|---|
Revenue | 899.0 | 991.1 | 980.0 |
growth-% | 13.70 % | 10.24 % | -1.12 % |
EBIT (adj.) | 68.3 | 81.2 | 65.0 |
EBIT-% (adj.) | 7.60 % | 8.19 % | 6.63 % |
EPS (adj.) | 0.32 | 0.30 | 0.18 |
Dividend | 0.00 | 0.00 | 0.00 |
Dividend % | |||
P/E (adj.) | 6.68 | 8.16 | 14.17 |
EV/EBITDA | 4.97 | 3.37 | 5.55 |
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