Fiskars: Trying to mitigate tariff effects - Nordea
Detta är en aktieanalys producerad av tredje part och reflekterar därför nödvändigtvis ej våra åsikter och värderingar
Fiskars' Q1 was in line with Modular Finance consensus expectations on adjusted EBIT and the company returned to positive organic growth. The company is trying to mitigate tariff effects and kept its positive adjusted EBIT guidance intact. Consumer behaviour so far has not been affected by the tariffs but risks are on the rise. We make only minor estimate revisions following the Q1 report and the DCF- and multiples-based fair value range remains unchanged at EUR 13.1-16.4. Marketing material commissioned by Fiskars.