Fiskars Oyj Abp · OMXHEX:FSKRS
Fiskars Oyj Abp — Fiskars Group — Investor Presentation (April 2026)
47 slides from Fiskars Oyj Abp's investor presentation, April 2026
Slide 1: Investor presentation
Investor presentation UPDATED IN APRIL 2026
Slide 2: Content
Content Fiskars Group in brief Strategy Financials Q1 2026 Appendices 2 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 3: Pioneering design to make the everyday extraordinary
Fiskars Group – Pioneering design to make the everyday extraordinary Est. 1649 Est. 1904 Est. 1775 Est. 1759 3 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION Est. 1939 Arabia est. 1873 Est. 1881 Est. 1783
Slide 4: Well-balanced footprint
Well-balanced footprint ~130 NORTH AMERICA Nordics APAC ~20 ~30% of net sales ~20% of net sales UK & Ireland ~20 ~50 ~100 Continental Europe China Japan ~70 EUROPE Global presence +100 countries ~50% of net sales Rest of APAC ~500 own stores ~ 60 own e-commerce stores ~90 6,600 employees Australia O
Slide 5: Fiskars Group key figures 2025
Fiskars Group key figures 2025 Net sales Comparable EBIT EUR million EUR million 1,140.2 76.4 Comparable EPS Gross margin EUR % 0.48 47.1 Free cash flow Personnel EUR million Dec 31, 2025 76.3 6,594 5 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 6: Net sales splits (2025)
Fiskars Group– Net sales splits (2025) SALES SPLIT BY BRAND SALES SPLIT BY CHANNEL SALES SPLIT BY GEOGRAPHY Georg Jensen 13% Direct Americas Royal 30% 29% Fiskars Copenhagen 10% 38% 8% 51% Europe Wedgwood 7% 70% Iittala 5% Indirect 20% Gerber 7% 1% 7% 5% Waterford Others Asia-Pacific Fiskars Moomin
Slide 7: Two strong Business Areas with design-driven brands
Two strong Business Areas with design-driven brands for both indoor and outdoor living FISKARS VITA BUSINESS AREAS SHARE OF NET SALES 46% 54% KEY CATEGORIES Gardening Outdoor Cooking Scissors & Creating Tableware Drinkware Interior Jewelry KEY BRANDS 7 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTAT
Slide 8: Business Area Vita in brief
Business Area Vita in brief • Vita offers products in the high-end homeware segment while scaling a niche position in fine branded jewelry • Its well-known brands include Georg Jensen, Tableware Drinkware Interior Jewelry Royal Copenhagen, Wedgwood, Moomin Arabia, Iittala and Waterford • Recognized
Slide 9: Business Area Vita – Net sales splits (2025)
Business Area Vita – Net sales splits (2025) SALES SPLIT BY BRAND SALES SPLIT BY CHANNEL SALES SPLIT BY GEOGRAPHY Others Americas 13% Georg Jensen 10% Moomin 24% Arabia 9% Indirect 47% Waterford 9% 53% Direct Asia-Pacific 35% 55% Europe 19% Royal 13% Copenhagen Iittala 14% Wedgwood *Includes brands
Slide 10: Business Area Vita had approx. 500 own stores in 2025
Business Area Vita had approx. 500 own stores in 2025 STORES BY GEOGRAPHY STORES BY TYPE Stores 15% Europe 35% Outlets 15% 65% Asia-Pacific 70% Concessions 10 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 11: Business Area Vita quarterly figures
Business Area Vita quarterly figures NET SALES AND COMPARABLE EBIT MARGIN EURm % 220 215 210 213 30 200 180 176 20.4% 20 160 16.2% 15.9% 147 139 140 14.1% 130 13.6% 126 127 125 119 9.1% 120 114 108 10 100 2.6% 80 3.5% 7.2% 1.3% 1.0% 60 0.0% 0 40 -6.8% 20 0 -10 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2
Slide 12: Business Area Fiskars in brief
Business Area Fiskars in brief • Business Area Fiskars offers functional innovations in the gardening and outdoor categories, in addition to the scissors and creating, as well as cooking categories • The brands include Fiskars and Gerber Gardening Outdoor Cooking Scissors & Creating • Innovation-dri
Slide 13: Business Area Fiskars – net sales splits (2025)
Business Area Fiskars – net sales splits (2025) SALES SPLIT BY CATEGORY SALES SPLIT BY CHANNEL SALES SPLIT BY GEOGRAPHY Other Direct Cooking 3% 3% 10% Scissors & Europe 45% Creating 19% 52% Gardening 52% Americas 15% Outdoor 97% 3% Indirect Asia-Pacific 13 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESE
Slide 14: Business Area Fiskars quarterly figures
Business Area Fiskars quarterly figures NET SALES AND COMPARABLE EBIT MARGIN * EURm % 180 30 167 164 160 153 156 150 140 18.3% 130 18.9% 18.7% 131 20 127 126 16.1% 121 14.8% 117 120 115 110 9.5% 10.7% 11.5% 100 9.1% 8.0% 10 11.8% 80 5.7% 60 0 40 -2.2% 20 0 -10 Q4 22 Q1 23 Q2 23 Q3 23 Q4 23 Q1 24 Q2
Slide 15: Seasonal volatility: BA Fiskars H1, BA Vita H2 focused
Seasonal volatility: BA Fiskars H1, BA Vita H2 focused – Group net sales and EBIT balanced between quarters QUARTERLY NET SALES BY BA QUARTERLY NET SALES SPLIT BY BA 23% 29% Q4 35% Vita 44% 48% 54% 56% 64% Net 21% Sales 23% Q3 24% 26% 23% Q2 21% Fiskars 56% 52% 46% 44% 29% 36% 20% 25% Q1 Vita Fiskar
Slide 16: Strategy
Content Fiskars Group in brief Strategy Financials Q1 2026 Appendices 16 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 17: Growth Strategy 2021-2025 came to a close
Fiskars Group’s Growth Strategy 2021-2025 came to a close FOCUS ON TRANSFORMATION LEVERS IMPROVED PROGRESS IN THE FINANCIAL TARGETS WAS NEGATIVELY GROSS MARGIN AND DTC & DROVE GROWTH IN CHINA AFFECTED BY THE CHALLENGING MARKET CONDITIONS Last 12 2021- Last 12 2021- Transformation lever months 2025 K
Slide 18: Shift toward Business Area independence
During the strategy period, we shifted from a centralized matrix structure toward Business Area independence 2020: 2023: FEBRUARY 1, 2025: BAs as product owner, part of BAs as business owner, Operationally independent Group-wide matrix organization P&L accountable Business Areas with own CEOs BA BA
Slide 19: The two Business Areas have differing business drivers
The two Business Areas have differing business drivers and investments needs BUSINESS AREA FISKARS (Net sales: EURm 522) BUSINESS AREA VITA (Net sales: EURm 613) CHANNELS BY NET SALES CHANNELS BY NET SALES Direct • A market leader in • Unique portfolio of 3% its categories desirable brands Indirect
Slide 20: Operating model enables speed of execution
This way of operating enables speed of execution, and is a key enabler for future growth Full business Transparency and accountability measurability End-to-end responsible More precise target In the final phase of the business CEOs, improved setting and capital transformation process, the flexibilit
Slide 21: Capital Markets Day 2026
Fiskars Group’s Capital Markets Day 2026 Fiskars Group plans to launch the next phase of its Group Strategy and new financial targets On May 12, 2026 in Espoo, Finland and online 21 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 22: Financials
Content Fiskars Group in brief Strategy Financials Q1 2026 Appendices 22 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 23: Group net sales and gross margin development
Group net sales and gross margin development EURm % 1,400 54 1,300 1,254 1,248 1,205 1,186 52 1,200 1,129 1,157 1,140 1,107 1,119 1,090 1,116 1,100 48.8% 50 46.8% 1,000 44.9% 47.1% 48 900 800 46 700 43.2% 43.4% 43.3% 44 42.5% 600 41.0% 40.9% 42 500 38.7% 400 40 300 38 200 100 0 0 2015 2016 2017 2018
Slide 24: Group profitability development
Group profitability development EURm 154 % 151 160 12.3% 12.1% 13 12 140 9.8% 9.6% 11 9.8% 120 109 10 109 110 111 9.8% 9 7.1% 100 6.7% 8 78 76 7 80 6 60 5 4 40 3 2 20 1 0 0 2018 2019 2020 2021 2022 2023 2024 2025 Comparable EBIT margin Comparable EBIT 24 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENT
Slide 25: Quarterly development – last 3 years
Fiskars Group’s quarterly development – last 3 years NET SALES, EURm COMPARABLE EBIT (EURm) AND EBIT MARGIN, % EURm % 60 20 -1.9% 18 +1.3%* 346 337 50 331 16 304 42.9 283 281 292 14 275 268 40 37.7 256 258 259 241 32.8 12 31.2 29.7 30 26.8 10 25.1 24.3 23.4 8 20 17.9 19.2 6 13.9 4 10 3.0 2 0 0 Q4 Q1
Slide 26: Dividend per share in relation to earnings and cash earnings
Dividend per share in relation to earnings and cash earnings 6.6%* COMP. EPS AND DPS 2021-2025 EUR CEPS AND DPS 2021-2025 EUR Dividend yield 2.68 1.37 175% 1.16 1.07 0.99 Payout Ratio on comp. EPS 0.82 0.84 0.84 1.51 0.76 0.80 1.39 1.25 67% 0.48 0.76 0.80 0.82 0.84 0.84 Payout Ratio on CEPS 2021 202
Slide 27: Q1 2026
Content Fiskars Group in brief Strategy Financials Q1 2026 Appendices 27 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 28: Key takeaways
Key takeaways COMPARABLE 3RD CONSECUTIVE BUSINESS AREAS CLIMATE NET SALES AND GROWTH QUARTER ARE NOW AMBITIONS RAISED FREE CASH FLOW FOR BA VITA SEPARATE LEGAL INCREASED ENTITIES OUR UPDATED SOLID EXECUTION TARGETS ARE COMPARABLE EBIT FROM BA FISKARS FINALIZED AS EXTERNALLY DECLINED WITH PLANNED VAL
Slide 29: Q1 2026 Group key figures
Q1 2026 Group key figures – Comparable net COMPARABLE EBIT, EURm 25.0 sales and free cash flow increased, comparable Q1/2025: 26.8 EBIT EUR 25 million COMPARABLE GM, % NET SALES, EURm COMPARABLE EBIT (EUR m) AND COMPARABLE EBIT MARGIN, % 46.8 Q1/2025: 47.5 EURm % -3.1% FREE CASH FLOW, EURm +2.3%* 60
Slide 30: Weakened USD had material negative translation impact on EBIT
The weakened USD had a material negative translation impact on comparable EBIT GROUP Q1 2026 EBIT BA VITA Q1 2026 EBIT BA FISKARS Q1 2026 EBIT EXCL. IAC BRIDGE, EURm EXCL. IAC BRIDGE, EURm EXCL. IAC BRIDGE, EURm 30 -1.8 +0.5 6 40 +0.3 +2.7 26.8 -2.0 -2.0 25.0 30.6 30.9 25 24.5 30 28.2 3 20 1.3 1.3 2
Slide 31: Q1 2026 free cash flow improved clearly
Q1 2026 free cash flow improved clearly from both the comparison period and historical seasonal pattern QUARTERLY FREE CASH FLOW, EURm Q1 FREE CASH FLOW, EURm EURm +18 EURm Q1-26 vs. LY 99 EBITDA 39.6 + 25.3 100 92 250 75 78 200 Change in provisions 5.3 + 8.7 75 68 69 Non-cash adjustments -0.2 - 26.
Slide 32: Net Debt to EBITDA increased due to seasonality
Net Debt to EBITDA increased due to the Q-on-Q rise in net debt in line with seasonality – focused measures continue NET DEBT (EURm) AND NET DEBT / LTM EBITDA (EXCLUDING IAC) EURm Multiple 700 4.0x +0.65X +0.24X 606 3.5x 600 563 556 546 529 510 513 3.0x 494 500 478 Financial Target 447 2.5x 400 370
Slide 33: FX and commodities: USD is the main transactional currency
FX and commodities: USD is the main transactional currency with a net buying position, commodities actively hedged Estimated annual net commercial cash flows in the most significant currencies (EURm) FX transactions (cash and P&L): • USD accounts for the majority of transactions, USD DKK PLN NOK GBP
Slide 34: Raised climate ambitions validated by SBTi
We raised our climate ambitions – new emissions reduction targets validated by SBTi ENVIRONMENTAL SOCIAL Target Apr Q1 2026 Target Q1 2026 Q1 2026 2025 Q1 2026 2025 2.8 0 80 29% -62% -34% 72% 77 Base year 50% Base year -70% Base year -40% Target 80% 2021 2017 2018 set 2025 in 2029 in 2030 in 2030 in
Slide 35: BA Vita Q1: Third consecutive growth quarter
BA Vita Q1: Third consecutive growth quarter, comparable EBIT weighed by continued actions to reduce inventories NET SALES, EURm COMPARABLE EBIT (EURm) AND • Third consecutive growth quarter, MARGIN, % comparable net sales increased by +0.5% 5.0% +5.0%* EURm % • Continued strong performance 140 12 1
Slide 36: Business Area Vita offering highlights
Business Area Vita offering highlights Iittala’s iconic Aalto vase celebrates its Royal Copenhagen launched a new pastel 90th anniversary with special editions floral tableware collection called Iris 36 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 37: BA Fiskars Q1: Comparable net sales and EBIT stable
BA Fiskars Q1: Comparable net sales and EBIT stable, margins improved NET SALES, EURm COMPARABLE EBIT (EURm) AND MARGIN, % • Comparable net sales remained EURm % stable • Growth by the Fiskars brand in 250 50 25 -5.8% 43.5 the U.S. was offset by mixed 211 +0.1%* 20.1% performance in other 200 40 18.
Slide 38: Business Area Fiskars offering highlights
Business Area Fiskars offering highlights Fiskars X-Series DualAction cutting tools: With two modes in one tool, DualAction technology allows switching seamlessly between power and speed settings to deliver optimal cutting for various branch sizes. 38 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATI
Slide 39: Guidance for 2026
Guidance for 2026 Assumptions behind the guidance Uncertainties in the global economy persist, limited visibility Fiskars Corporation expects + Planned changes in - BA Vita’s actions to reduce elevated BA Vita expected to comparable EBIT to improve from the support EBIT from inventories will carry 2
Slide 40: Appendices
Content Fiskars Group in brief Strategy Financials Q1 2026 Appendices 40 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 41: Largest shareholders as of Mar 31, 2026
Largest shareholders as of Mar 31, 2026 NUMBER OF % OF SHARES AND # SHAREHOLDER NAME SHARES VOTES 1 Virala Oy Ab 12,805,000 15.81 % 2 Turret Oy Ab 11,430,961 14.11 % 3 Holdix Oy Ab 10,165,537 12.55 % 4 Bergsrådinnan Sophie von Julins Stiftelse 2,556,000 3.16 % 5 Oy Julius Tallberg Ab 2,554,350 3.15
Slide 42: Leadership Team
Leadership Team Daniel Lalonde Dr. Steffen Hahn Jyri Luomakoski Jussi Siitonen CEO of Vita CEO of Fiskars Fiskars Group’s President CFO Employed 2025 Employed 2024 & CEO Employed 2021 Employed 2025 42 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 43: Members of the Board of Directors
Members of the Board of Directors Paul Ehrnrooth Alexander Ehrnrooth Susan Duinhoven Louise Fromond Rolf Ladau Carl-Martin Lindahl Susanne Skippari Kaarina Ståhlberg 43 APRIL 2026 Ⓒ FISKARS GROUP - INVESTOR PRESENTATION
Slide 44: Fiskars founded in 1649, Group formed through strategic acquisitions
Fiskars was founded in 1649, Fiskars Group was formed through strategic acquisitions Georg Jensen Waterford, joins Fiskars Wedgwood, & Royal Group Gerber joins Doulton join Fiskars Fiskars Group Group Our luxury home brand portfolio’s Fiskars 1986 2015 share of the Group’s manufactures Fiskars Group
Slide 45: Calculation of financial indicators
Calculation of financial indicators INDICATOR DEFINITION EBIT Operating profit Comparable EBIT Operating profit (EBIT) +/- items affecting comparability Items such as restructuring costs, impairment or provision charges and releases, acquisition related Items affecting comparability costs, and gains
Slide 46: 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 47: Thank you!
Thank you!