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Stockmann: Changing name to Lindex?
Stockmann announced today that it is planning to change the name of the company to Lindex and is investigating strategic options for the Department Stores business. Analyst Rauli Juva comments on the news.
More about Stockmann: https://www.inderes.se/companies/Stockmann
Content:
00:00 Changing name to Lindex and considering strategic options for the Department Store business
01:36 How the news affects outlook for 2023/2024
02:21 Positive news for share value