Lindex Group PLC (FRA:SOMB)
€ 2.55 +0.045 (+1.8%) Market Cap: 464.24 Mil Enterprise Value: 1.06 Bil PE Ratio: 31.44 PB Ratio: 1.15 GF Score: 62/100

Q1 2021 Stockmann Oyj Abp Interim Management Statement Presentation Transcript

Apr 30, 2021 / 07:00AM GMT
Jari Latvanen
Stockmann Oyj Abp - CEO & Member of the Group Management Team

Good morning, and welcome to our first-quarter results review. Stockmann Group improved our adjusted results despite very strict COVID restrictions during this quarter. When we look at the Q1 results, the group revenue was EUR156 million, and it was down by 7.1%.

Gross margin, up in Lindex but down in Stockmann. And the operating result increased in Lindex and declined in Stockmann. When we look at the group margin, it was 56.3% versus the previous year, 54.2%.

Lindex revenue was down only by 0.7% and reached almost EUR100 million. Growth

Already have an account? Log in
Get the full story
Access to All Earning Calls and Stock Analysis
30-Year Financial on one screen
All-in-one Stock Screener with unlimited filters
Customizable Stock Dashboard
Real Time Insider Trading Transactions
8,000+ Institutional investors’ 13F holdings
Powerful Excel Add-in and Google sheets Add-on
All data downloadable
Quick customer support
And much more...
30-Day 100% money back guarantee
You are not charged until the trial ends. Subscription fee may be tax deductible.
Excellent
4.6 out of 5 Trustpilot