Lindex Group has reported a revenue of €186 million (~$199.02 million) in Q1 2025, down 3 per cent YoY, with a gross margin of 57.4 per cent.
Revenue declined in both Lindex and Stockmann divisions due to weak consumer confidence.
While Lindex faced supply delays, Stockmann improved efficiency.
The group expects 2025 revenue to grow by 0-4 per cent amid geopolitical challenges.Lindex Group has reported a revenue of €186 million (~$199.02 million) in Q1 2025, down 3 per cent YoY, with a gross margin of 57.4 per cent.
Revenue declined in both Lindex and Stockmann divisions due to weak consumer confidence.
While Lindex faced supply delays, Stockmann improved efficiency.
The group expects 2025 revenue to grow by 0-4 per cent amid geopolitical challenges.
