Chemical company Kemiran and a media company Alma Median stock prices were rising on Tuesday afternoon as investors melted positive earnings warnings from companies.
Kemira announced that it expects its EBITDA to be higher in the second half of 2020 than in the first half. Previously, the company expected operating EBITDA to be lower in the second half of the year.
At the time of the review, Kemira’s share price increased by 10.3 percent to EUR 14.39.
Alma, on the other hand, said its profitability weakened less than expected last year. The company instructs the adjusted operating profit of its continuing operations to decrease from the previous year’s level, while the previous guidance expected the operating profit to decrease clearly.
The company specified that the adjusted operating profit would decrease by less than ten percent from the previous year. Vara Researchin The forecast collected by analysts before the positive earnings warning expected adjusted operating income to decline by 8.3 percent.
Alma Media’s share price rose 3.2 percent in the afternoon to EUR 9.66.
Aktia announced in the morning that it had decided to pay the dividend. The bank will pay a dividend of EUR 0.53 per share, despite the fact that the European Central Bank and the Financial Supervisory Authority have recommended that banks postpone their dividend payments until next autumn. The recommendations are based on avoiding a potential banking crisis, which could be triggered by the financial difficulties caused by the interest rate crisis.
In the afternoon, Aktia’s share price rose by 1.9 per cent to EUR 9.97. The dividend record date is January 13, ie tomorrow.
Cargo handling equipment manufacturer Cargotec announced that it had reached an agreement Nekkarin after challenging a purchase price calculation related to Nekakr’s marine and offshore businesses, which Cargotec acquired last year.
According to Cargotec, the agreement will have a positive impact of approximately EUR 7 million on MacGregor’s operating profit for the first quarter of this year.
At the time of the review, Cargotec’s share price increased by 0.5 per cent to EUR 34.86.
Health technology company Optomed said it had won a tender for an information system for university eye clinics. The company estimates the turnover of the development phase to be approximately EUR 350,000 and the duration to be approximately 18 months. Optomed’s share price rose 5.1 percent in the afternoon to EUR 7.24 with a turnover of approximately EUR 174,000.
Analysis House Inderes reported in the morning a few changes to investment recommendations and target prices.
Personnel service company Eezyn the target price rose to EUR 6.00 from the previous EUR 5.50 and the recommendation decreased from an increase level to a decrease level.
Restaurant company Nohon the recommendation decreased from the increase level to the reduce level, and the target price remained at 7.50 euros.
At the time of the review, Eezy’s share was quoted at a decrease of 3.0 per cent at EUR 5.74 and Noho’s share was quoted at a decrease of 3.9 per cent at EUR 7.40.
The general index of the Helsinki Stock Exchange rose by 0.6 per cent to 11,186.53 points.
*The article has been translated based on the content of Arvopaperi by www.arvopaperi.fi. If there is any problem regarding the content, copyright, please leave a report below the article. We will try to process as quickly as possible to protect the rights of the author. Thank you very much!
*We just want readers to access information more quickly and easily with other multilingual content, instead of information only available in a certain language.
*We always respect the copyright of the content of the author and always include the original link of the source article.If the author disagrees, just leave the report below the article, the article will be edited or deleted at the request of the author. Thanks very much! Best regards!