Continued increased full-year result for Lindex

When the fashion company, today presents its result for 2016 it shows that Lindex strategic priorities and actions during the year have resulted in a successful development and increased profitability.

Lindex result amounted to 532 MSEK which is an increase of 28 percent compared with the previous year. An increased margin and continued good cost control contributed to the increased profit. Lindex had a very strong sales growth during the first half of 2016 but a tough autumn, with reduced store traffic and historically strong sales figures to live up to, resulted in weaker sales than expected for the last quarter.

Our strong result reflects Lindex growth despite a weaker ending to the year in terms of sales. Our strategic actions together with all employees dedicated efforts have been central to our development, says CEO Ingvar Larsson

Lindex has focused on creating a more flexible organisation and to strengthen its customer meeting, which has resulted in an even higher customer satisfaction. The fashion chain has also focused on increasing the profitability in its markets and reduce the number of unprofitable stores, where the closure of the operations in Russia was one part. To enhance the overall shopping experience Lindex continues to focus on the digital experience, with increased initiatives and investments in this area.

“At Lindex the customer is always in focus and our digital initiatives forward is important to offer our customers an even more inspiring shopping experience. We will also see a continued increased clarity in our fashion concepts, in all of our business areas and we are taking further steps in developing the Lindex brand. Our fantastic progress towards more sustainable fashion also continues to be a key factor forward”, says Ingvar Larsson.

Do you want to know more about Lindex continuing work and all the exciting upcoming initiatives, please contact:

Miriam Tjernström
Press Relations Manager, Lindex
Phone: 46 (0)31 739 50 60
E-mail: press@lindex.com

The news

Lindex launches new code of conduct with focus on gender equality

Lindex launches the ‘Lindex Code of Conduct’ with a strong focus on gender equality. The new code of conduct makes Lindex one of the first major fashion companies to integrate gender equality in its basic requirements for textile production and all business partnerships.
October 15, 2019

Lindex opens with record breaking success in Denmark

Lindex has now opened the doors to its new store located in Denmark’s biggest shopping mall Fields, Copenhagen. The store opening attracted 13.700 guests during the opening weekend.
October 7, 2019

Lindex launches collection to support cancer research

For International Breast Cancer Awareness Month, Lindex launches a collection of every day pieces where prints and soft knits are core. In October, 10 per cent of all sales from the collection is donated to cancer research.
September 24, 2019

Continued strong result for Lindex

Today, the fashion company presents its interim result and sales for the first half of the year and the second quarter. The result shows that Lindex has maintained its strong performance.
August 9, 2019

Lindex in collaboration with Boozt

Lindex continues its digital expansion and are now partnering up with Boozt. As a first step, a selection of Lindex kids’ clothing is available at Boozt.com.
July 10, 2019

Lindex recruits Marie Paulsson as Creative Director

As part of Lindex’s work to create a holistic brand experience in Lindex’s all channels and further strengthen the customer experience, the fashion brand has recruited Marie Paulsson as Creative Director.

June 18, 2019

Read all news

Welcome to Lindex!
Lindex website uses cookies to provide the best possible user experience. If you continue without making any changes you allow this. Read more about cookies here