The Helsinki Stock Exchange ended in a decline – Nokia on the rise


On Wednesday, the Helsinki Stock Exchange ended in a slight decline. The stock exchange’s general index OMXH ended with a decrease of -0.09 percent to 10,678.87 points.

Energy service company Enersense International and an energy company Helen have agreed on extensive strategic cooperation in the operation and maintenance tasks of facilities and networks. The maximum purchase amount including options during the contract period is 200 million euros.

Enersense ended with a 5.4 percent increase to 5.90 euros.

The most traded stock of the day was Nokia which ended with a turnover of more than 121 million euros, a rise of 4.4 percent to 5.01 euros.

Sanoma updates its outlook for the end of the year

Message said he got it Pearsonin Italian to the completion of the acquisition of the local elementary and secondary learning materials business and the business offering test preparation materials in Germany, and to update its outlook for 2022 as a result.

Sanoma expects the group’s reported turnover in 2022 to be 1.30-1.35 billion euros, while last year it was 1.25 billion euros. The group’s operative operating profit percentage without acquisition cost depreciation is expected to be around 15 percent, while last year the corresponding figure was 15.8 percent.

Previously, Sanoma expected the group’s reported turnover to be 1.25-1.30 billion euros, and the operative operating profit percentage without acquisition cost depreciation is expected to be around 15-16 percent.

Sanoma’s share ended up 0.7 percent to 13.60 euros.

Manufacturer of solar heating systems Savosolar ended up with a rise of as much as 38.6 percent to 0.10 euros with a turnover of more than 1.5 million euros. The company announced its merger intentions earlier this week.

The arbitral tribunal ordered Stockmann’s to pay compensation of 19.3 million euros Near Tapiolan Central properties for Ky Regarding the termination of the lease of the commercial apartment located in the Tapiola department store. The compensation to be paid is Stockmann’s restructuring debt. The arbitral award is final and cannot be appealed.

Stockmann’s B share price ended with a 2.5 percent decrease to 2.35 euros.

Food company fuck has acquired a manufacturer of juice concentrates and fruit and berry purees marjavasun of the stock. The purchase price for Marjavasu’s shares is EUR 3.2 million and it will be paid in full in Fodelia shares.

Fodelia’s share price ended with a 3.1 percent increase to 4.69 euros.

Media house PunaMusta Media has bought a specialist in digital, especially product information management solutions Rock On Oy:n the entire stock. The net debt-free purchase price of the acquisition as a share transaction is EUR 3.0 million.

EcoUp appointed as the new managing director the person who served as the chairman of the board Matti Kasken . In the same context, EcoUp’s board elected Tuomas Mikkonen as chairman of the board. Kaski will continue as a member of the company’s board. He owns a family company Partners Oy helmets: n through the majority of EcoUp’s shares.

Outgoing CEO Antti Ollikainen will continue as an advisor to the board until 28 February 2023.

Earnings publishers on the decline

Company security and digital service company A projectile reports an adjusted EBITDA of EUR 1.0 million on a turnover of EUR 30.5 million for April-June. In April-June of last year, the company’s adjusted EBITDA was 0.7 million euros and the turnover of continuing operations was 26.9 million euros. The company clarified its outlook for the year 2022 in connection with the earnings report regarding the turnover of the security business. The company’s share ended with a 6.0 percent decrease to 12.60 euros.

Material technology company Betolar’s the turnover in the first half of the year was still small and the losses multiplied. At the beginning of the year, the company had 14 pilot customers. The rate of betolar ended with a decrease of 0.6 percent to 3.97 euros.

Specialized in financial administration services Administer announced its first half-year review. The company issued a profit warning around mid-August and there were no changes to the guidelines. The turnover in January-June was 23.9 million euros and the EBITDA was 1.0 million euros. Both figures increased compared to January-June last year. The company’s share ended with a 2.1 percent decrease to 2.60 euros.

Inflation is booming in the euro area

August inflation in the Eurozone exceeded analysts’ forecasts. According to August’s preliminary figures, consumer prices rose by 9.1 percent from last year. Bloomberg’s the consensus of economists gathered expected a rise of 9.0 percent, while July’s inflation was 8.9 percent.

Compared to July, prices rose by 0.5 percent, while economists expected prices to rise by 0.4 percent.

Finland’s inflation was in August Eurostat according to preliminary figures, in 7.6 percent. There was a decrease of 0.4 percent from July.


Source: Arvopaperi by www.arvopaperi.fi.

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