Helsinki closed the decline, Honkarakenne was the stock exchange star on Tuesday


Of the most exchanged Nordea decreased by 0.1% to EUR 9.50 and Nokia 1.7 per cent to EUR 4.56. Shampoo strengthened by 1.0 per cent to EUR 42.45. The course reactions are summarized in the table at the end of the story.

The stock market star of the day was Honkarakenne , which returned its earnings guidance for the current year. The company expects net sales to grow from the previous year and earnings before taxes to remain at last year’s level.

At the beginning of March, the company withdrew its instructions due to the uncertainty caused by the war in Ukraine. Prior to this, the company estimates that net sales and operating profit before taxes will remain at the previous year’s level.

In addition to Honkarakenne, they were at the forefront Lifa Air and Rhombus . Raute announced that it had been appointed by the government Mika Saariahon as the company’s new CEO. Saariaho will become Raute’s CEO Metso Outotecin from a position in which he has held the position of Senior Vice President responsible for the business of crusher consumables. Saariaho will take up the position no later than 24.11.

The biggest skiers were Administer , Partner and Heeros . Partner, which invests in unlisted companies, reduced its earnings guidance for the current year. The company estimates that net sales will increase, but comparable operating profit will be lower than in the previous year. This is due to the weaker-than-expected development of the subsidiary KPA UNicon.

Stockmannin The subsidiary Lindex said on Tuesday that it will invest EUR 110 million in a new warehouse in Alingsås, Sweden. With the investment, the company will be able to quadruple the capacity of its online store.

Engineering works Valmet updated the situation at the Rautpohja plant, which was affected by the fire in the morning. According to the company, the plant will begin to return to normal operation from the beginning of this week in those parts of the plant that remained undamaged in the May 7 fire.

Software company Admicom for its part, it announced that it would buy a construction schedule software house for the construction industry PlanManin . The acquisition is expected to have a slight positive impact on the company’s revenue and profitability this year, but will not affect the guidance issued by the company.

Three earnings announcements

Three results were heard on Tuesday when Piippo , Nanoform and Valoe reported their results.

The turnover of the pharmaceutical technology company Nanoform (-1.4%) rose to EUR 0.76 million, but the operating loss deepened to 5.1 million. The company kept its targets for the coming years unchanged.

Piipo’s net sales of baling nets and yarns (-1.2%) increased to EUR 11.2 million during the review period due to higher delivery volumes and prices. In the comparison period, net sales were EUR 7.5 million. The company’s half-year period runs from October 2021 to March 2022.

Operating profit, on the other hand, improved to EUR 0.2 million, compared to only EUR 32,000 in the comparison period.

In the first half of the year, the net sales of Valoe (+ 2.5%), which specializes in photovoltaic technology, increased by 74 per cent from the comparison period to EUR 466,000, but the result remained a loss. According to the company, the prices of the most important raw material, silicon wafers, continued to rise.

ON lasski Ponssen (+ 0.4%) to the target price of EUR 30.00 (formerly EUR 32.50), but raised its recommendation to an additional level (formerly to decrease).

Inderes fat The spell the target price to EUR 15.00 (formerly EUR 16.00), but raised its recommendation to an increase (formerly decrease) level.

Tuesday’s closing courses.
SharePrice, eurosChange,%Exchange, euros
Admicom52,501,2755 478
Administer3,54-10,13 950
Heeros3,65-6,48 983
Honkarakenne B5,5214,0173 922
Inderes38,050,17 000
Lifa Air2,224,62 390
Enchantment13,750,743 261
Nanoform Finland3,50-1,556 322
Nokia4,58-1,322 977 500
Nordea Bank9,50-0,144 973 529
Partner1,67-7,215 581
Piippo3,40-1,26 903
Ponsse26,950,2235 144
Diamond A12,704,154 993
Sampo A42,511,226 380 465
Stockmann B2,32-5,51 045 980
Valmet25,15-1,610 639 558
Valoe0,083,1111 415

Source: Arvopaperi by www.arvopaperi.fi.

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