Sweden’s Lindex Group reports slight revenue decline of 1.2% in 2024
Lindex Group's 2024 revenue declined 1.2 per cent YoY to €940.1 million (~$968.6 million), with local currency revenue down 1.3 per cent. The net result fell to €13.2 million due to lower operating results and higher taxes. The revenue in Q4 dropped 0.2 per cent, while net result more than doubled to €19.8 million. Lindex expects revenue growth of 0–4 per cent in full year 2025.
Lindex Group's 2024 revenue declined 1.2 per cent YoY to €940.1 million (~$968.6 million), with local currency revenue down 1.3 per cent.
The net result fell to €13.2 million due to lower operating results and higher taxes.
The revenue in Q4 dropped 0.2 per cent, while net result more than doubled to €19.8 million.
Lindex expects revenue growth of 0–4 per cent in full year 2025.
