Stock Analysis
- Finland
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- General Merchandise and Department Stores
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- HLSE:LINDEX
Results: Lindex Group Oyj Beat Earnings Expectations And Analysts Now Have New Forecasts
Shareholders might have noticed that Lindex Group Oyj (HEL:LINDEX) filed its annual result this time last week. The early response was not positive, with shares down 2.1% to €2.77 in the past week. It looks like a credible result overall - although revenues of €940m were in line with what the analyst predicted, Lindex Group Oyj surprised by delivering a statutory profit of €0.08 per share, a notable 14% above expectations. Earnings are an important time for investors, as they can track a company's performance, look at what the analyst is forecasting for next year, and see if there's been a change in sentiment towards the company. So we gathered the latest post-earnings forecasts to see what estimate suggests is in store for next year.
See our latest analysis for Lindex Group Oyj
Taking into account the latest results, the current consensus from Lindex Group Oyj's lone analyst is for revenues of €961.0m in 2025. This would reflect an okay 2.2% increase on its revenue over the past 12 months. Per-share earnings are expected to surge 108% to €0.17. In the lead-up to this report, the analyst had been modelling revenues of €960.0m and earnings per share (EPS) of €0.15 in 2025. There was no real change to the revenue estimates, but the analyst does seem more bullish on earnings, given the solid gain to earnings per share expectations following these results.
The consensus price target rose 9.4% to €3.50, suggesting that higher earnings estimates flow through to the stock's valuation as well.
These estimates are interesting, but it can be useful to paint some more broad strokes when seeing how forecasts compare, both to the Lindex Group Oyj's past performance and to peers in the same industry. The period to the end of 2025 brings more of the same, according to the analyst, with revenue forecast to display 2.2% growth on an annualised basis. That is in line with its 2.5% annual growth over the past five years. By contrast, our data suggests that other companies (with analyst coverage) in a similar industry are forecast to see their revenues grow 10% per year. So it's pretty clear that Lindex Group Oyj is expected to grow slower than similar companies in the same industry.
The Bottom Line
The most important thing here is that the analyst upgraded their earnings per share estimates, suggesting that there has been a clear increase in optimism towards Lindex Group Oyj following these results. Fortunately, the analyst also reconfirmed their revenue estimates, suggesting that it's tracking in line with expectations. Although our data does suggest that Lindex Group Oyj's revenue is expected to perform worse than the wider industry. We note an upgrade to the price target, suggesting that the analyst believes the intrinsic value of the business is likely to improve over time.
With that said, the long-term trajectory of the company's earnings is a lot more important than next year. We have analyst estimates for Lindex Group Oyj going out as far as 2027, and you can see them free on our platform here.
Don't forget that there may still be risks. For instance, we've identified 1 warning sign for Lindex Group Oyj that you should be aware of.
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This article by Simply Wall St is general in nature. We provide commentary based on historical data and analyst forecasts only using an unbiased methodology and our articles are not intended to be financial advice. It does not constitute a recommendation to buy or sell any stock, and does not take account of your objectives, or your financial situation. We aim to bring you long-term focused analysis driven by fundamental data. Note that our analysis may not factor in the latest price-sensitive company announcements or qualitative material. Simply Wall St has no position in any stocks mentioned.
About HLSE:LINDEX
Lindex Group Oyj
Engages in the retailing business in Finland and internationally.