Inside information, profit warning: Fiskars lowers its outlook for 2022
Fiskars CorporationInside InformationDecember 14, 2022 at 5:45 p.m. EET Inside information, profit warning: Fiskars lowers its outlook for 2022 Fiskars Corporation lowers its outlook for 2022 as a result of weaker than anticipated demand in the fourth quarter. The company now expects comparable EBIT in 2022 to be approximately EUR 150 million (2021: EUR 154.2 million). Previously the company expected comparable EBIT to increase from 2021. Rationale for updating the outlook Low consumer confidence together with retailers’ elevated inventory levels have reduced customers’ new