Fiskars Oyj Abp · OMXHEX:FSKRS
Fiskars Oyj Abp — Fiskars Group — Q3 2026 Earnings Presentation
35 slides from Fiskars Oyj Abp's earnings presentation, Oct 22, 2026
Slide 1: Interim Report Q3 2026
Interim Report Q3 2026 FIFTH CONSECUTIVE QUARTER OF COMPARABLE NET SALES JANU ARY -SEPT EM BER 2026 GROWTH - COMPARABLE EBIT AND FREE CASH FLOW ALSO IMPROVED
Slide 2: Disclaimer
Disclaimer This presentation contains forward-looking statements that reflect management’s current views with respect to certain future events and potential financial performance. Although Fiskars Group believes that the expectations reflected in such forward-looking statements are reasonable, no as
Slide 3: Agenda
Agenda 1. Q3 in brief Jyri Luomakoski, President & CEO 2. Business Area Vita Daniel Lalonde, CEO of BA Vita 3. Business Area Fiskars Dr. Steffen Hahn, CEO of BA Fiskars 4. Selected key financials and guidance Niko Haavisto, CFO Jyri Luomakoski, President & CEO 5. Joint Q&A 3 OCTOBER 22, 2026 FISKARS
Slide 4: Q3 in brief
Q3 in brief NET SALES, EURm 268.7 Q3 2025: 259.3 • 5th consecutive growth quarter: comparable net sales +3.0%, BA VITA BA FISKARS sales growth both in Business Area Vita and Fiskars 4.5%* 1.2%* • Comparable EBIT increased to EUR 20.2 million, driven by higher volumes and gross margin expansion ◦ BA
Slide 5: Q3 2026 Group key figures – Both comparable net sales and comparable EBIT improved
Q3 2026 Group key figures – Both comparable net sales and comparable EBIT improved COMPARABLE EBIT, EURm 20.2 Q3 2025: 13.9 NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN (%) EURm % COMPARABLE EBITDA, EURm +3.6% +3.0%* 38.6 Q3 2025: 32.5 COMPARABLE EPS, EUR 0.14 Q3 2025: 0.08 *Comparable net sale
Slide 6: The improvement in Group's comparable EBIT was driven by Business Area Vita
The improvement in Group’s comparable EBIT was driven by Business Area Vita Q3 2026 COMPARABLE EBIT BRIDGE BY BA, EURm +6.3 +6.2 6 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 7: We remain committed to sustainability – steady progress towards our targets
We remain committed to sustainability – steady progress towards our targets ENVIRONMENTAL SOCIAL Q1-Q3 Target May Target 2026 2026 Q1-Q3 2026 30% Q1-Q3 2026 -64% 2025 -34%* Sep 30, 2026 72% 2.2 0 71 88 Base year 50% Base year -70% Base year -40% Target set 80% 2021 in 2030 2017 in 2030 2018 in 2030
Slide 8: Business Area performance
Business Area performance 8 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 9: Business Area Vita
Business Area Vita DANIEL LALONDE CEO OF BUSINESS AREA VITA
Slide 10: BA Vita Q3: Fifth consecutive growth quarter, comparable EBIT improved
BA Vita Q3: Fifth consecutive growth quarter, comparable EBIT improved to EURm 11.0 from EURm 5.2 NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN (%) • Fifth consecutive growth quarter, comparable net sales up by 4.5% ◦ Growth across DTC and wholesale EURm % +4.9% ◦ Driven by multiple brands, +4.5
Slide 11: Business Area Vita's Q3 comparable EBIT bridge
Business Area Vita’s Q3 comparable EBIT bridge BA VITA Q3 2026 COMPARABLE EBIT BRIDGE, EURm +5.8 +6.0 11 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 12: Business Area Vita offering highlights
Business Area Vita offering highlights Georg Jensen launched Iittala introduced Unda, a Moomin Arabia’s Rebel Waterford celebrated the Fold, a design intended to collection designed in Club features comic-style 250th anniversary of the evolve into a broader collaboration with illustrations, offering
Slide 13: Business Area Fiskars
Business Area Fiskars DR. STEFFEN HAHN CEO OF BUSINESS AREA FISKARS
Slide 14: BA Fiskars Q3: Sales growth driven by Fiskars brand in the U.S.
BA Fiskars Q3: Sales growth driven by Fiskars brand in the U.S., comparable EBIT supported by volumes and some tariff refunds NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN (%) EURm % • Comparable net sales increased by 1.2% ◦ Fiskars brand continued to grow +2.2% in the U.S. driven by distributi
Slide 15: Business Area Fiskars' Q3 comparable EBIT bridge
Business Area Fiskars’ Q3 comparable EBIT bridge BA FISKARS Q3 2026 COMPARABLE EBIT BRIDGE, EURm +1.2 +0.9 15 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 16: Business Area Fiskars offering highlights
Business Area Fiskars offering highlights Fiskars Power Tool launches eSnowShovel Scissor collection in collaboration with MoMA and Power Hedge trimmers – all based on the leverages a long-standing connection with Fiskars’ USB-C Powerbank platform designs inspired by artworks 16 OCTOBER 22, 2026 FIS
Slide 17: Selected key financials and guidance
Selected key financials and guidance NIKO HAAVISTO, CFO OF FISKARS GROUP JYRI LUOMAKOSKI, PRESIDENT & CEO OF FISKARS GROUP 17 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 18: Free cash flow improved year-on-year driven by trade working capital development
Free cash flow improved year-on-year driven CASH FLOW FROM OPERATIONS, EURm by trade working capital development 36.7 Q3 2025: 1.7 QUARTERLY FREE CASH FLOW* (UNLEVERED), EURm CHANGE IN NET WORKING CAPITAL, EURm 1.3 EURm +35 EURm Q3 2025: -26.4 CAPEX, EURm 10.1 Q3 2025: 10.2 CASH EARNINGS PER SHARE,
Slide 19: Group's comparable EPS and CEPS increased notably
Group’s comparable EPS and CEPS increased notably GROUP Q3 2026 EPS BRIDGE, EUR GROUP Q3 2026 CEPS BRIDGE, EUR +0.04 +0.44 +0.06 19 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 20: Net Debt to EBITDA improved from the comparison period
Net Debt to EBITDA improved from the comparison period NET DEBT (EURm) AND NET DEBT / LTM COMPARABLE EBITDA EURm -0.34x -0.06x Multiple NET DEBT, EURm 551.8 Sep 30, 2025: 605.6 Financial target NET DEBT / COMPARABLE LTM EBITDA 3.36x Sep 30, 2025: 3.70x 20 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPOR
Slide 21: Guidance for 2026 (unchanged)
Assumptions behind the guidance Guidance for 2026 Uncertainties in the global economy persist, limited visibility (unchanged) The fourth quarter is typically important for the Group’s comparable EBIT generation, with improvement in the full- year comparable EBIT expected to be primarily driven by Bu
Slide 22: Q&A
Q&A 22 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 23: Thank you!
Thank you! 23 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 24: Appendix
FISKARS ss. GROUP 0 Appendix
Slide 25: Q3 2026 P&L profiles – Group and Business Areas
Q3 2026 P&L profiles – Group and Business Areas COMPARABLE NET SALES COMPARABLE GROSS SG&A AND COMPARABLE EBIT DEVELOPMENT MARGIN MARKETING MARGIN Marketing Fiskars SG&A Vita Group 25 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 26: Q1–Q3 2026 comparable EBIT bridges
Q1–Q3 2026 comparable EBIT bridges GROUP Q1–Q3 2026 COMPARABLE BA VITA Q1–Q3 2026 BA FISKARS Q1–Q3 2026 EBIT BRIDGE, EURm COMPARABLE EBIT BRIDGE, EURm COMPARABLE EBIT BRIDGE, EURm 9.3 11.9 +8.7 +9.1 +1.7 +4.2 26 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 27: Consolidated Q3 & Q1–Q3 2026 Key Figures
Consolidated Q3 & Q1–Q3 2026 Key Figures Q3 & Q1–Q3 P&L KEY FIGURES, EURm Q3 & Q1–Q3 PER SHARE KEY FIGURES, EUR Q3 Q3 Q1–Q3 Q1–Q3 Q3 Q3 Q1–Q3 Q1–Q3 2026 2025 2026 2025 2026 2025 2026 2025 Net Sales 268.7 259.3 812.5 809.5 Comparable Earnings per Share 0.14 0.08 0.26 0.17 Comparable Gross Profit 131.
Slide 28: Items Affecting Comparability Q3 & Q1–Q3 2026
Items Affecting Comparability Q3 & Q1–Q3 2026 EBIT BRIDGE FROM IFRS EBIT TO COMPARABLE EBIT (EURm) IAC ADJUSTMENT BY P&L LINE ITEM (EURm) Q3 Q3 Q1–Q3 Q1–Q3 Q3 2026 IFRS IAC Excl IAC 2026 2025 2026 2025 Net sales 268.7 0.0 268.7 EBIT IFRS 16.5 12.0 37.3 12.6 Cost of goods sold -139.4 2.0 -137.4 Depre
Slide 29: Q3 & Q1–Q3 2026 Free cash flow
Q3 & Q1–Q3 2026 Free cash flow Q3 & Q1–Q3 FREE CASH FLOW, EURm Q1–Q3 Q3-2026 vs. LY 2026 vs. LY EBITDA 35.5 +4.8 96.1 +26.7 Change in provisions -0.3 +2.7 4.3 +4.4 Non-cash adjustments 0.2 -0.2 0.1 -26.2 Cash Flow from operations 35.4 +7.3 100.4 +5.0 Change in inventories 2.5 +12.2 -12.9 +32.9 Chang
Slide 30: Net Debt / EBITDA (LTM) for Q3 2026 at 3.36X
Net Debt / EBITDA (LTM) for Q3 2026 at 3.36X CAPITAL EMPLOYED, EURm FINANCING, EURm Sep 30, Sep 30, Sep 30, Sep 30, 2026 2025 2026 2025 GW and other intangible 555.6 562.8 Equity 660.4 693.7 PPE and biological assets 226.9 227.4 Interest-bearing debt 496.7 503.7 Capitalised leases (ROU) 110.7 132.7
Slide 31: Trade working capital decreased, LTM ROCE 7.2%
Trade working capital decreased, LTM ROCE 7.2% TRADE WORKING CAPITAL AS SHARE OF NET SALES BY BA (END OF QUARTER, EURM, ROLLING 12 MONTHS NET SALES) Vita Group Fiskars TRADE WORKING CAPITAL (END OF QUARTER, EURM) ROLLING 12 MONTHS CAPEX BY BA (EURM) AND % OF NET SALES 31 OCTOBER 22, 2026 FISKARS GRO
Slide 32: Financial targets for 2026-2030, tracking on a full-year basis
Financial targets for 2026-2030, tracking on a full-year basis KPI TARGET GROWTH Comparable net sales growth 2026-2030 BA Vita 4-6% BA Fiskars 3-5% PROFITABILITY Comparable EBIT margin by 2030 BA Vita ≥12% BA Fiskars ≥14% Fiskars Group ≥12% CASH CONVERSION Free cash flow / EBIT excl. IAC (LTM)* 2026
Slide 33: Fiskars Group's quarterly development – last 3 years
Fiskars Group’s quarterly development – last 3 years NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN (%) EURm % +3.6% +3.0%* *Comparable net sales exclude the impact of exchange rates, acquisitions and divestments 33 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 34: Business Area Vita's quarterly development – last 3 years
Business Area Vita's quarterly development – last 3 years NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN (%) EURm % +4.9% +4.5%* *Comparable net sales exclude the impact of exchange rates, acquisitions and divestments 34 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026
Slide 35: Business Area Fiskars' quarterly development – last 3 years
Business Area Fiskars' quarterly development – last 3 years NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN (%) EURm % +2.2% +1.2%* *Comparable net sales exclude the impact of exchange rates, acquisitions and divestments 35 OCTOBER 22, 2026 FISKARS GROUP INTERIM REPORT Q3 2026