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As of 10:34 AM 10/21/14 All times are local (Market data is delayed by at least 15 minutes).

fiskars oyj abp (FIS1V) Snapshot

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fiskars oyj abp (FIS1V) Details

Fiskars Oyj Abp manufactures and markets branded consumer products for the home, garden, and outdoor markets primarily in the Americas, Europe, the Middle East, and the Asia-Pacific. The company offers products for the home, kitchen, and interior design under the brands of Iittala, Arabia, Hackman, Royal Copenhagen, Höganäs Keramik, Rörstrand, Raadvad, Høyang-Polaris, Montana, Kaimano, and Kitchen Devils. It also provides garden cutting tools under the Fiskars, EbertSankey, and Leborgne brands; and a range of outdoor products, such as hunting, fishing, and outdoor equipment under the Gerber, Buster, and Drive Boats brands. In addition, the company manages properties in Fiskars Village and other locations; develops 15,000 hectares of land and 3,700 hectares of water; and sells timber. Fiskars Oyj Abp was founded in 1649 and is based in Helsinki, Finland.

4,446 Employees
Last Reported Date: 08/1/14
Founded in 1649

fiskars oyj abp (FIS1V) Top Compensated Officers

Chief Executive Officer, President and Member...
Total Annual Compensation: €891.7K
Compensation as of Fiscal Year 2013.

fiskars oyj abp (FIS1V) Key Developments

Fiskars Announces Board Changes Effective on December 1, 2014

Fiskars has appointed Presidents for its new business regions. The business region Presidents have also been appointed as members of the Group's Executive Board. The appointments will become effective in conjunction with the new organization on December 1, 2014. The new business region Presidents are: Thomas Enckell, President of business region Europe, (currently President of Garden EMEA business area), Matteo Gaeta, President of business region Asia-Pacific (currently President of Sales Region Asia-Pacific), Paul Tonnesen, President of business region Fiskars Americas (currently President of business areas Garden and SOC Americas) and Robert (Rob) Kass, President of business region Gerber Americas (currently President of business area Outdoor Americas).

Fiskars Group Opens Shop-In Shop in Seoul, South Korea

Fiskars Group announced that its Scandinavian lifestyle design brand Iittala has opened its first shop-in shop in Seoul, South Korea. This opening is a continuation of Fiskars growth strategy in Asia and the plan is to open five new Iittala shops altogether in South Korea in the coming months. Iittala's first shop-in-shop in South Korea is located in Yeongdeungpo's Lotte Department Store in Seoul, which attends to customers in Gangseo and Seoul.

Fiskars Oyj Appoints Teemu Kangas-Karki as Chief Operating and Financial Officer

Fiskars Oyj announced that Teemu Kangas-Karki, currently president of Fiskars' home business area, has been appointed as the group's chief operating and financial officer with effective from September 12, 2014. In conjunction with this, he becomes deputy to the CEO and a member of the group's executive board. Teemu Kangas-Karki worked as Fiskars group's CFO from 2008 to 2012. The role of Chief Operating Officer is new within Fiskars. In addition to his responsibilities over the company's financial operations as CFO, Teemu Kangas-Karki will also be in charge of strategic alignment and prioritization across the company. Furthermore, he will lead the planning of the group's proposed structural changes together with the CEO. Fiskars announced plans to dissolve the current business areas, Home and Garden, and create new business region structures. In the meantime, Teemu Kangas-Karki will also continue to lead the Home business area.


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Price/Earnings 19.0x
Price/Sales 1.9x
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Price/Cash Flow 19.0x
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