Report
Benjamin Wahlstedt ...
  • Fredrik Ivarsson
  • Philip Ekengren

Fiskars Group - The sun is not the only thing rising in the east

Q3 sales +1% vs. ABGSCe, +2% vs FactSet consensus Adj. EBIT +8% vs. ABGSCe, -2% vs. FactSet consensus We lower ’22-‘24e adj. EBIT by -1-0%
Underlying
Fiskars Oyj Abp

Fiskars is a global supplier of consumer products for the home, garden and outdoors. Co. provides branded products for home, kitchen, and interior design. Co. also provides brand of garden cutting tools. Outdoor business area's product range includes hunting, fishing and navigation equipment, headlamps, and health and wellness accessories such as advanced pedometers. Boats are included in the Outdoor business area as well. In addition, Co. has Real Estate operations and a strategic shareholding in Wartsila Oyj Abp qualifying as an investment in an associate. Co. holds international brands such as Fiskars, Iittala, Gerber, Buster, Arabia Finland, and Hackman.

Provider
ABG Sundal Collier Sponsored
ABG Sundal Collier Sponsored

ABG Sundal Collier is the independent, Nordic investment banking powerhouse, developed over 30 years, founded on a hard working partnership culture and the ability to attract top talent.

Our strategy is to be an advisor and an intermediary, and the core product offering comprise corporate advisory services, corporate financing services and investor research and brokerage services.

Our corporate advisory team offers access to a broad financial and industrial network and unparalleled transaction experience. We provide financing to corporates through our superior Nordic and international distribution platform, and we are optimally structured for naturally matching trading flows, delivering best execution for clients.

The group employ approx. 250 staff working from the Nordic offices in Norway, Sweden and Denmark and in the offices in the key international markets US, UK and Germany. 


Analysts
Benjamin Wahlstedt

Fredrik Ivarsson

Philip Ekengren

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