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Lindex Group (LINDEX) investor relations material
Lindex Group Q4 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Executive summary
Revenue and adjusted operating result increased in Q4 2025, with both divisions outperforming the fashion market in key regions despite low consumer confidence and challenging market conditions.
Lindex division saw revenue and adjusted operating profit growth, driven by both physical and digital channels, and expanded into Denmark.
Stockmann achieved its first full-year positive adjusted operating result after several years, with ongoing profitability improvements.
Strategic investments included the completion of the omnichannel distribution center and the opening of the first Lindex-owned store in Denmark.
The group completed its restructuring program in August 2025, and the evaluation of strategic alternatives for the Stockmann business continues.
Financial highlights
Q4 2025 group revenue: EUR 284.7 million, up 4% year-over-year; Lindex division Q4 revenue up 7.6% to EUR 181.9 million.
Q4 adjusted operating result: EUR 39.4 million, up EUR 3.3 million year-over-year.
Full-year 2025 revenue: EUR 952.3 million, up 1.3%; adjusted operating result: EUR 69.5 million, down due to higher depreciations.
Lindex division full-year adjusted operating result: EUR 72.1 million; Stockmann division: EUR 1.2 million.
Q4 net result: EUR 29.6 million; earnings per share: EUR 0.19.
Outlook and guidance
2026 revenue in local currencies expected to grow compared to 2025; adjusted operating result estimated between EUR 70 million and EUR 95 million.
Foreign exchange fluctuations may significantly impact results.
Lindex to focus on accelerating growth, digital transformation, and sustainability; Stockmann to prioritize operational efficiency and loyalty program enhancements.
Macroeconomic volatility and geopolitical risks remain, but GDP growth and consumer confidence are forecast to improve in key markets.
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