Lindex LINDEX.HE
Public, HEL, reports in EUR. Founded 1962.
Theme: Globalization.
Retail.
2025-08-01 — Hold
Financials millions, EUR
| Period | Revenue | Growth % | Gross margin % | R&D % | Operating income | Operating margin % | Net income | EPS (diluted) | Rule of 40 | basis |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025 | 952m EUR | 1.3 % | 58.2 % | – | 76m EUR | 8.0 % | 26m EUR | 0.16 | 9.3 | |
| 2024 | 940m EUR | -1.2 % | 58.3 % | – | 62m EUR | 6.6 % | 14m EUR | 0.08 | 5.4 | |
| 2023 | 952m EUR | -3.1 % | 58.2 % | – | 81m EUR | 8.5 % | 52m EUR | 0.33 | 5.5 | |
| 2022 | 982m EUR | – | 57.9 % | – | 79m EUR | 8.1 % | 102m EUR | 0.65 | – | |
| 2026-Q2 | 259m EUR | 2.2 % | 61.3 % | – | 30m EUR | 11.5 % | 15m EUR | – | 13.7 | |
| 2026-Q1 | 193m EUR | 3.8 % | 58.5 % | – | -13m EUR | -6.8 % | -20m EUR | -0.12 | -3.1 | |
| 2025-Q4 | 285m EUR | – | 59.1 % | – | 45m EUR | 15.8 % | 31m EUR | – | – | |
| 2025-Q2 | 254m EUR | – | 58.0 % | – | 25m EUR | 10.0 % | 13m EUR | – | – | |
| 2025-Q1 | 186m EUR | – | 57.4 % | – | -9.5m EUR | -5.1 % | -20m EUR | -0.13 | – |
Sources
- 2025: yfinance
- 2024: 2025_10-K_Summary_2026-07-10.xlsx
- 2023: 2025_10-K_Summary_2026-07-10.xlsx
- 2022: 2025_10-K_Summary_2026-07-10.xlsx
- 2026-Q2: yfinance
- 2026-Q1: yfinance
- 2025-Q4: yfinance
- 2025-Q2: yfinance
- 2025-Q1: yfinance
Latest quarter 2026-Q2, ended 2026-06-30, vs 2025-Q2
| 2026-Q2 | 2025-Q2 | change | |
|---|---|---|---|
| Revenue | 259m EUR | 254m EUR | +5.5m (+2 %) |
| Op. margin | 11.5 % | 10.0 % | +1.5 pts |
| FCF | 65m EUR | 53m EUR | +12m (+23 %) |
| Op. income | 30m EUR | ||
| Net income | 15m EUR |
Cash flow millions, EUR
| Period | Cash from operations | Capex | Free cash flow | FCF margin % | CFO / net income % | NOPAT | Unlevered FCF | Levered FCF | Net change in cash |
|---|---|---|---|---|---|---|---|---|---|
| 2025 | 123m EUR | 31m EUR | 93m EUR | 9.7 % | 470.2 % | 66m EUR | 154m EUR | – | 14m EUR |
| 2024 | 90m EUR | 38m EUR | 52m EUR | 5.5 % | 620.7 % | 29m EUR | 63m EUR | – | -19m EUR |
| 2023 | 102m EUR | 65m EUR | 37m EUR | 3.9 % | 197.7 % | – | – | – | -30m EUR |
| 2022 | 55m EUR | 63m EUR | -7.6m EUR | -0.8 % | 54.2 % | 62m EUR | 23m EUR | – | -34m EUR |
NOPAT = op. income × (1 − effective tax rate); UFCF = NOPAT + D&A + ΔNWC − capex; LFCF = FCF + net debt issued.
Quotes
| Price | 2.31 EUR | 2026-09-15 | |
|---|---|---|---|
| Market cap | 378m EUR | 437m USD | 2026-09-15 |
| 52w high | 2.96 EUR | 2026-09-15 | |
| 52w low | 2.06 EUR | 2026-09-15 | |
| Off 52w high % | -22.0 % | ||
| P/S | 0.4 | ||
| Lifetime CAGR | -0.1 % |
Notes
- 2025-08-01 opinion Hold