I agree with you, of course. I was mostly thinking about the perception of the companies from my perspective, that Nelly was viewed by consumers in a completely different way than they are today, so they have really managed to create a different consumer trust than before, something that Lindex might also be able to do and benefit from. 
8 Likes
Quote from Kauppalehti headline.
The article mentions Lindex and Stokmann department stores. From the text: “Lindex will leave the portfolio as soon as the department store side is resolved.”
Many investors probably think the same. Will there then be buyers for Lindex shares, which are presumably more expensive? I, and apparently many other investors, are waiting for Stokmann’s solution and a rise in the share price. Will many shares be put up for sale? Is the situation then “oversold or overbought”? Will the “multiples calculated solely on Lindex’s earnings” materialize? Or does the change/realization require Lindex to be listed on the Swedish stock exchange?
The waiting time is long, in this case as well.
12 Likes
It might be wishful thinking again, but I’ve been casually following Lindex’s online store from time to time. Among their best-selling products are full-price pajamas that seem to be selling like hotcakes, as well as Female Engineering’s underwear (these are, in my opinion, an important product/brand because they are something more than traditional competition with H&M and others. Big potential in Femtech).
Regarding Stockmann, there’s news that Finns’ Christmas gift budget has grown from last year, after all, Finns have money sitting in their accounts.
With these feelings, I’m holding onto my shares for now, even though, frankly, I don’t expect much from the strategic assessment.
8 Likes
Recommend this (paid) article Riku Lyly ja ennakkoluuloton uusi Stockmann
4 Likes
Where are Lindex’s strategic solutions? An IPO on the Stockholm Stock Exchange early in the year to boost e-commerce and develop the business. And Stockmann continues in Lindex’s place in Helsinki? Santa Claus is unlikely to bring new solutions or buyers for Stockmann.
6 Likes
Last year, on December 17th, the deadline for the strategic review was moved to the first half of 2025. In a news item on June 27, 2025, KL reported: “strategic review continues” until the end of the year. On July 18, 2025, in KL, director Susanne said “will be completed by the end of the year”.
Well, there’s time until December 17, 2025, if we follow the old pattern. But if it’s postponed again, they could be a bit more forthcoming with information.
10 Likes
Lindex last distributed dividends in 2013. Lindex’s dividend policy is: “The Board of Directors of Lindex Group Plc has set a dividend distribution target of at least half of the profit generated by the core business. However, the financing required for business growth is taken into account in the dividend level.” Now that dividends could not be paid due to the corporate restructuring that began in 2020, the question arises whether dividends will be distributed next spring only from the profit of 2025 or from the profit of the entire 2021-2025 period? EPS will likely accumulate over €1.5 for the entire period.
By the way, Lindex advertises in its annual report: “A clear strategy for creating growth.” I’m laughing a belly laugh 
“The Group’s Board of Directors decided on September 25, 2023, to initiate a strategic review to increase shareholder value.”
3 Likes
Lindex expands in Denmark and opens a second store
21 Likes
Based on my own observation when I visited the food market almost daily for 4 months recently - the number of visitors on the department store side has clearly increased since spring, and on Sundays, people (especially tourists) wait outside for entry before noon.
Whether these visitors bring revenue to Stockmann itself is, of course, open to speculation.
But the property is certainly not dying, so a buyer for the business can indeed be found.
10 Likes
What will Lindex announce at the end of the year?
- Stockmann will be listed on the stock exchange
- Stockmann will be sold to party X
- Stockmann will remain within the group and its independence will be increased
- Stockmann will get JC Holding as a shareholder with some distribution ratio/as a strategic partner
- Strategic assessment will continue until H1 26
0
äänestäjää
2 Likes