Stockmann to investigate strategic alternatives for Lindex
STOCKMANN plc, Inside Information 9.8.2019 at 7:50 EET
The strategy for Lindex for 2019–2023 has been updated during the summer and approved by the Stockmann Board of Directors on 8 August 2019. The aim is to further strengthen international growth and in particular digital transformation. Lindex has a strong market position in the Nordics, with rapidly growing e-commerce business, flexible store network that performs well, and improving profitability.
The Board of Directors sees great potential in Lindex’s future development and has therefore decided to investigate strategic alternatives for the company’s ownership.
Stockmann will publish further information once the investigation process is proceeding.
Further information:
Lauri Ratia, Chairman of the Board of Directors, tel. +358 50 2922
STOCKMANN plc
Lauri Ratia
Chairman of the Board of Directors
Distribution:
Nasdaq Helsinki
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