Lindex is a global fashion company with a purpose to drive meaningful change for women and is the leading fashion company within lingerie in the Nordics. The company operates around 440 stores in 17 countries with online presence in 34 countries.
Cyborg Score Rationale
Q4 2025 revenue reached €284.7 million (up 4% YoY) with digital sales at 22.1% of total revenue, and full-year 2025 revenue was €952.3 million (up 1.3% YoY). The company shows modest growth with improving digital penetration, though operating in a competitive fashion retail sector facing structural headwinds.
Top Insights
Digital sales reached 22.1% of total revenue in Q4 2025, driving stock appreciation of 7.89% to €2.54
EBITDA margin of 17.29% with €166 million EBITDA
5,746 employees in 2024 with 69% in Lindex division and 29% in Stockmann division
Focus on sustainability and women-centric positioning differentiates brand in crowded fashion market
Named Competitors
Fast Fashion — Global fashion retailer with fast-fashion model
Mass Market Fashion — International fashion retailer with broad market reach
Department Stores — Competitors to Stockmann division
Recent Developments
(Feb 2026) Q4 2025 earnings beat with 4% YoY revenue growth to €284.7M and digital sales acceleration
(Mar 2024) Rebranded from Stockmann Oyj Abp to Lindex Group Oyj
(2025) Full-year revenue €952.3M reflecting modest 1.3% YoY growth and digital expansion
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