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Fiskars is a manufacturer of products for the home and household. The product range is broad and consists of, for example, scissors, garden and food tools, as well as other products for the home and garden. Operations are held on a global level where the products are sold under various own brands. The largest operations are found in the European market. The headquarters are located in Helsinki.
Fiskars' Q3 results were fairly solid, with profitable growth accelerating q/q in both business areas and BA Vita's turnaround programme clearly visible in its performance. While we expect the gradually improving trajectory to continue, we also highlight...
Fiskars' Q3 adjusted EBIT of EUR 20.2m came 3% above Modular Finance consensus expectations with 2% higher top line. Net sales were up 3.6% y/y to EUR 269m with 3.0% y/y comparable sales growth (we had modelled 1.4%). BA Fiskars' comparable sales were...
Following a change of analyst, we make minor changes to our medium-term growth assumptions while keeping our long-term thesis broadly intact. We continue to see long-term value creation potential from a successful turnaround and internationalisation ...
Fiskars' Q2 earnings fell short of Modular Finance consensus expectations. The company delivered continued comparable growth and was able to squeeze the first benefits from Vita BA's profit-improvement programme. Fiskars' BA margin expansion remained...
Fiskars Q2 adjusted EBIT of EUR 7.7m came 40% below Modular Finance consensus expectations with 4% lower top line. Net sales were up 1% y/y to EUR 261m with +2.7% y/y comparable sales growth (we had modelled +5.7%). Fiskars BA comparable sales were stable...
