LINDEX GROUP plc, Other information disclosed according to the rules of the Exchange, 19.12.2025 at 8:30 EET
Lindex Group comments on the progress of the strategic assessment of the department store business
As part of its ongoing strategic assessment, Lindex Group has been carrying out an extensive investigation of the strategic alternatives for the Stockmann department store business. During the course of the assessment, the Board of Directors has agreed that separating the department store business would be the best strategic path forward and has therefore explored different alternatives for implementing such a separation. Despite improved profitability during 2025, the department store business continues to generate negative cash flow and has significant lease liabilities. This impacts the feasibility of all alternatives under consideration and their potential outcome.
The Board of Directors will continue the evaluation of strategic alternatives for the department store business and remain committed to finding the best possible long-term solution for the business and shareholders. The company will provide further information when appropriate.
LINDEX GROUP plc
Board of Directors
Further information:
Sari Pohjonen, Chair of the Board, Lindex Group plc
Jukka Naulapää, Chief Legal Officer, tel. +358 9 121 3850
Marja-Leena Dahlskog, Head of Communications & IR, tel. +358 50 5020050 orinvestor.relations@stockmann.com
Distribution:
Nasdaq Helsinki
Principal media
Lindex Group plc is an international multichannel retail group with two divisions: Lindex and Stockmann. Lindex is a global fashion company with a purpose to drive meaningful change for women. Its three strong categories include women's and kids' wear as well as lingerie, where it is a market leader in the Nordics. Stockmann is a premium multi-brand retailer with department stores in Finland and the Baltics. Its purpose is to be a marketplace for a good life. In 2024, the Lindex Group's revenue was EUR 940 million and it had some 5 750 employees. The Group's roots lie in the Stockmann company founded in 1862 and its shares are listed on the Nasdaq Helsinki Ltd. in Finland. www.lindexgroup.com