Fiskars Oyj Abp

Fiskars Corporation has announced a transaction involving its CEO, Nathalie Ahlström, in compliance with Article 19 of the Market Abuse Regulation. On July 19, 2024, Ahlström acquired 148 shares of Fiskars Corporation at a unit price of 16.7833 EUR. The transaction took place on the XHEL venue, and the instrument type was a share with ISIN FI0009000400. For further details, contact Päivi Timonen, Chief Legal Officer. Fiskars Group, listed on Nasdaq Helsinki, is known for its design-driven brands and operates in over 100 countries with approximately 7,000 employees. The company is celebrating its 375th anniversary in 2024.

Fiskars Corporation's Half-year Financial Report for January-June 2024 indicates a solid performance despite challenging market conditions. The company's comparable net sales decreased by 5% in the second quarter, while reported net sales, including the acquisition of Georg Jensen, increased by 5%. The gross margin reached an all-time high, driven by the Vita business area and cost efficiency programs, although lower volumes led to a decline in comparable EBIT to EUR 19 million. Free cash flow recovered to a record high in the second quarter. Fiskars maintains its guidance for 2024, expecting comparable EBIT to be slightly above the 2023 level of EUR 110.3 million. The company continues to focus on efficiency improvements and anticipates significant cost synergies from the Georg Jensen acquisition, which is nearly fully integrated. Key performance indicators showed mixed results: gross margin improved, but comparable direct-to-consumer sales and U.S. net sales decreased, while China's net sales increased by 10%. Employee engagement and ESG performance were highlighted, with over 10% of employees becoming shareholders and the company receiving several ESG recognitions, including the EcoVadis Platinum Medal. Fiskars' strategic initiatives and transformation programs aim to support long-term growth and efficiency. A webcast on the results will be held on July 18, 2024.

On June 7, 2024, Fiskars Corporation announced a directed share issue without consideration as part of their Restricted Share Plan. The Board of Directors decided to issue 3,029 treasury shares to a key individual as sign-on compensation, set to be delivered on July 5, 2024. Following this transfer, Fiskars will hold 106,780 own shares. This decision follows the authorization from the Annual General Meeting of Shareholders on March 13, 2024. Additional details about the incentive plan were previously released on December 10, 2020. Fiskars Group, listed on Nasdaq Helsinki, is known for its design-driven brands and operates in over 100 countries with approximately 7,000 employees. In 2023, the company reported global net sales of EUR 1.1 billion and is celebrating its 375th anniversary in 2024.

Fiskars Corporation has announced that its CFO, Jussi Siitonen, made a share acquisition on May 2, 2024. The transaction involved 148 shares at a unit price of 17.5399 EUR. The notification was made in accordance with Article 19 of the Market Abuse Regulation. Fiskars Group, listed on Nasdaq Helsinki, is a global brand with design-driven products for indoor and outdoor living, with a presence in over 100 countries and approximately 7,000 employees. In 2023, the company reported global net sales of EUR 1.1 billion.

Fiskars Corporation has announced that its CEO, Nathalie Ahlström, has acquired 148 shares of the company at a unit price of 17.5399 EUR, according to a notification under Article 19 of the Market Abuse Regulation. The transaction took place on May 2, 2024. Fiskars Group, which owns several design-driven brands, reported global net sales of EUR 1.1 billion in 2023.

Fiskars Corporation has transferred 4,640 of its own shares as a reward under its Performance Share Plan and Restricted Share Plan for the 2021-2023 period. The shares were transferred through treasury shares and directed share issue without consideration, so the total number of company shares remains unchanged. Post-transfer, Fiskars holds 109,809 of its own shares. The rewards were previously announced on March 11, 2024, and February 8, 2024. Fiskars Group is a design-driven brand conglomerate with a presence in over 100 countries and reported a net sales of EUR 1.1 billion in 2023.