Stockmann Group's revised guidance for 2017 and outcome of impairment test
STOCKMANN plc, Inside Information 26.9.2017 at 8:30 EET The Stockmann Group’s profit guidance for the year has been changed due to weaker than estimated performance in Lindex’s business. Stockmann now expects the Group’s adjusted operating profit in continuing operations to be approximately on a par with or slightly weaker than in 2016. The 2017 operating result for Stockmann Retail is estimated to improve, as the turnaround of the business is progressing according to plan. Real Estate is expected to continue its stable profitable performance. Lindex’s operating profit in the first