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Fiskars Oyj Abp (FSKRS.HE)

FSKRS.HE on Helsinki Stock Exchange

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Latest Key Developments (Source: Significant Developments)

Fiskars Q3 EBITA up at EUR 30.5 mln
Tuesday, 31 Oct 2017 02:30am EDT 

Oct 31 (Reuters) - FISKARS OYJ ABP ::Q3 NET SALES EUR 270.1​ MILLION VERSUS EUR 280.8 MILLION YEAR AGO.‍EXPECTS 2017 NET SALES, EXCLUDING NET SALES OF BUSINESSES DIVESTED IN 2016 TO INCREASE FROM PREVIOUS YEAR​.Q3 ‍EBITA INCREASED TO EUR 30.5 MILLION (23.4)‍​.‍EXPECTS COMPARABLE 2017 EBITA TO INCREASE FROM PREVIOUS YEAR​.  Full Article

Fiskars Q2 EBITA up at EUR 21.3 million
Tuesday, 1 Aug 2017 01:30am EDT 

Aug 1 (Reuters) - FISKARS OYJ ABP ::Q2 NET SALES EUR ‍290​ MILLION VERSUS EUR 293.5 MILLION YEAR AGO.FISKARS OYJ ABP - ‍OUTLOOK FOR 2017 UNCHANGED​.Q2 EBITA EUR 21.3 MILLION VERSUS EUR 18.4 MILLION YEAR AGO.  Full Article

Fiskars appoints Jaana Tuominen president and CEO of corporation
Tuesday, 20 Jun 2017 01:00am EDT 

June 20 (Reuters) - FISKARS OYJ ABP :JAANA TUOMINEN APPOINTED PRESIDENT AND CEO OF FISKARS CORPORATION .TUOMINEN ‍WILL START IN POSITION ON JANUARY 1, 2018, AT LATEST​.‍JAANA TUOMINEN JOINS FISKARS FROM PAULIG GROUP WHERE SHE HAS WORKED SINCE 2008 AS CHIEF EXECUTIVE OFFICER.​.  Full Article

Fiskars Q1 EBITA 30.9 million euros
Friday, 28 Apr 2017 01:51am EDT 

April 28 (Reuters) - FISKARS OYJ ABP :Q1 NET SALES INCREASED BY 3.3% TO EUR 306.2 MILLION (Q1 2016: 296.2).Q1 EBITA INCREASED TO EUR 30.9 MILLION (26.8).OUTLOOK FOR 2017 UNCHANGED:.  Full Article

Fiskars Q4 EBIT ex-items increases to EUR 33.0 mln
Wednesday, 8 Feb 2017 01:30am EST 

Fiskars Oyj Abp : Q4 net sales 334.1 million euros ($356.55 million) versus 333.8 million euros year ago . Q4 EBIT ex-items 33.0 million euros versus 16.8 million euros year ago . Outlook for 2017: expects group's net sales, excluding net sales of businesses divested in 2016 .Proposes dividend of 0.71 euro per share to paid in March, proposes 0.35 euro to be paid in September.  Full Article

Fiskars announces long-term financial targets
Wednesday, 8 Feb 2017 01:15am EST 

Fiskars Oyj : Expects average annual net sales growth to exceed 5%, through a combination of organic growth and targeted acquisitions . Long term profitability target: EBITA margin to exceed 10% .Target for dividend: to distribute a stable, over time increasing dividend, to be paid biannually.  Full Article

Fiskars: new organizational structure; to cut jobs
Tuesday, 20 Dec 2016 03:00am EST 

Fiskars Oyj Abp : Fiskars’ new organizational structure from January, 2017 onwards . Fiskars proposed to reduce positions in areas where there are overlaps or potential to seek efficiencies . Changes are a part of alignment program announced on November 10, 2016 . Employee consultations initiated in Finland have now been concluded and maximum number of positions being reduced is 19 in Finland .Net reduction of Fiskars' personnel was estimated to be 130 positions globally.  Full Article

Fiskars Q3 EBIT swings to profit EUR 20.1 million
Wednesday, 2 Nov 2016 02:30am EDT 

Fiskars Oyj Abp : Q3 net sales decreased by 3 pct to 280.8 million euros ($310 million) (Q3 2015: 289.7 million euros) . Q3 EBIT profit 20.1 million euros versus loss 1.6 million euros year ago .Outlook for 2016 unchanged: Fiskars expects Group's 2016 net sales and adjusted operating profit to increase from previous year.  Full Article

Fiskars Q2 EBIT falls to EUR 14.8 million
Tuesday, 2 Aug 2016 01:30am EDT 

Fiskars Oyj Abp : Q2 net sales 293.5 million euros ($32 million) versus 253.4 million euros year ago . Q2 EBIT 14.8 million euros versus 19.4 million euros year ago . Outlook for 2016 unchanged ."Integration in the English & Crystal Living business and watering business are progressing as planned.".  Full Article

Fiskars: tax re-assessment decision from Large Taxpayer's office
Thursday, 7 Jul 2016 04:00am EDT 

Fiskars Oyj Abp : Has received a tax re-assessment decision from the Large Taxpayer's office . Obliges the company to pay 21.7 million euros ($24 million) additional tax as a result of a tax audit carried out in 2014 . Besides the re-assessed tax, it is obliged to pay interest expenses of 6.5 million euros and punitive tax increases of 0.1 million euros .Reassessment decision has a negative effect of 28.3 million euros on Fiskars's cash flow during Q3 2016.  Full Article

BRIEF-Jaana Tuominen to start as president and CEO of Fiskars on Oct. 9

* JAANA TUOMINEN TO START AS PRESIDENT AND CEO OF FISKARS CORPORATION ON OCTOBER 9, 2017 Source text for Eikon: Further company coverage: (Gdynia Newsroom)