Fiskars
An expected weak start to the year (Inderes)
2024-04-26 15:02
Fiskars’ Q1 result was at the expected level, despite weakish revenue. The company reiterated its guidance, i.e. full-year EBIT is expected to be slightly above last year’s level. We only made small changes to our forecast (1-2%). We still feel the valuation prices the earnings growth of the coming years, which we believe is partly premature.
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