Insider information
Fiskars upgrades its outlook for 2021 thanks to a strong start to the year
Fiskars' outlook for 2021 has improved as a result of the better than expected performance during the first quarter. The company now expects the comparable EBITA to be lower than in 2020, but above
"The strong momentum continued during the first quarter. Despite store closures in some markets, net sales increased supported by strong demand in all business areas. The consumers are seeking experiences in their everyday, and we have been successfully catering to those needs. Nevertheless, visibility still continues to be low due to the COVID-19 pandemic; the seasonality of both trade and consumer demand may continue to differ from a typical year", said Nathalie Ahlström, President and CEO.
The updated outlook for 2021:
In 2021, comparable EBITA is expected to be lower than in 2020, but above
The previous outlook for 2021 (issued on
In 2021, comparable EBITA is expected to be lower than in 2020, but above
Visibility continues to be low due to the COVID-19 pandemic, which is profoundly impacting consumers' lives in terms of changes in for example disposable income, purchasing choices and consumer behavior. These may bring challenges as well as opportunities for
Fiskars will publish the Interim Report for January-
Nathalie Ahlström
President & CEO
Media and investor contacts:
Making the everyday extraordinary
https://news.cision.com/fiskars-corporation/r/fiskars-upgrades-its-outlook-for-2021-thanks-to-a-strong-start-to-the-year,c3313721
https://mb.cision.com/Main/17472/3313721/1392289.pdf
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