Lindex Group (LINDEX) investor relations material

Executive summary

• Achieved strong adjusted operating result and revenue growth in Q2 2026, with group revenue up 2.2% to EUR 259.5 million and adjusted operating result rising to EUR 30.5 million from EUR 22.2 million year-over-year.

• Lindex division led growth with a 4.2% revenue increase and significant margin improvement, driven by womenswear, new product launches, and efficiency gains from the omnichannel distribution center.

• Stockmann division revenue declined slightly but improved in comparable terms, with profitability supported by efficiency measures and a strong fashion category.

• Omnichannel distribution center for Lindex reached full ownership and began delivering efficiency benefits.

• CEO highlighted disciplined profitability focus, successful strategic execution, and improved financial position.

Financial highlights

• Group revenue increased by 2.2% year-over-year to EUR 259.5 million; in local currencies, up 1.2%.

• Adjusted operating result rose to EUR 30.5 million from EUR 22.2 million, mainly due to improved gross profit and cost management.

• Net result increased to EUR 15.8 million (up from EUR 13.1 million); group gross margin improved to 61.3% from 58%.

• Earnings per share increased to EUR 0.09.

• Lindex division revenue reached EUR 179.6 million (+4.2%), with digital revenue at 17.7% of total.

Outlook and guidance

• Full-year guidance maintained: revenue in local currencies expected to grow versus 2025, with adjusted operating result estimated at EUR 70–95 million.

• Foreign exchange rate fluctuations may significantly affect results.

• Continued focus on omnichannel optimization, market expansion, and digital transformation.

• Macroeconomic volatility, geopolitical risks, and fragile consumer confidence continue to impact outlook.