Stock Exchange: Kempower and Piippo rose briskly – BBS goes bankrupt

On Wednesday, a total of 16 companies on the Helsinki Stock Exchange announced their results when they were in turn Cargotec, Aor, Kempower, WithSecure, Noho Partners, Eteplan, Pihlajalinna, Remedy Entertainment, Taaleri, Aktia, Sitowise Group, Biohit, Martela, Springvest and Honkarainen.

Baling and baling wire manufacturers Beep (+35.6 %) reported a letter of intent on Wednesday to sell the company’s baling network and yarn machines and certain trademarks to Portuguese COTESI SA: Lle For a purchase price of EUR 6 million. According to Piipo, as a result of a possible arrangement Manilla Oy:n about the future. The company’s Board of Directors assesses the possibility of continuing the business and the possibility of selling the remaining business or the company’s entire share capital to the company planning a reverse listing.

Kempower rose briskly

Kempower (+17.8 %), which manufactured electric car charging equipment in the morning, was one of the toughest rises of the day. Kempower’s order accrual was stronger than expected and at the same time the second highest in the company’s history. Kempower also said he was expecting demand to recover in the second half of the year.

The turnover of the lifting company Cargotec (-5.9 %) decreased to EUR 412.0 million in the last quarter of 2024, while the eight analyst consensus collected by Vara Research expected net sales to fall to EUR 382.3 million. Orders received increased to EUR 414.0 million during October -December.

In October -9.0 %), a security firm Withsecure (+9.0 %) made a turnover of EUR 38.1 million in October, compared to EUR 38.0 million. This chapter combines the turnover of continuous business and the turnover of the divestable business. Corrected EBITDA was generated by continued and terminated businesses in October -December EUR 2.4 million, compared to EUR 0.2 million a year ago and the forecast for analysts, exactly, was EUR 2.4 million.

Pihlajalinna (+7.9 %) reported EUR 15.4 million from October to December with a turnover of EUR 182.5 million. Factsetin The consensus forecast of 4-5 analysts from October and December had a rectified EBITA result of EUR 15.2 million with a turnover of EUR 180.9 million. Pihlajalinna’s Board of Directors proposes that a dividend of EUR 0.38 per share be distributed for the financial year. Inderes expected a dividend per share of EUR 0.42 at a consensus forecast of EUR 0.33. The dividend was last distributed EUR 0.07 per share.

Otherwise, the list of the most replaced shares ended up Nokia (+1,7 %), UPM (+2.8 %), as well as Big Enso r (+2,6 %).

BBS will go bankrupt

Bone implants developing a medicine technology company BBS-Bioactive Bone Substitutes said Wednesday that he would submit a bankruptcy application to the Oulu District Court. According to BBS, the loan negotiations by the company have ended in an unsuccessful, which prevents the necessary short -term funding and the continuation of the company.

“Despite extensive companies, the company’s Board of Directors has stated that it is not possible to continue business,” says the chairman of the board Pekka Jalovaara in the bulletin.

The company still announced on Monday that it would negotiate additional funding. The company then announced that the Board of Directors would continue its active measures to stabilize the company’s financial situation and business.

BBS was listed in the First North of the Helsinki Stock Exchange in 2008. Stock exchange history has been sad for the investor, as the value of the share has fallen into very low readings since 2018.

Outokumpu name for the management team

Outokumpu (-0.2 %) said he had appointed Matthieu Jehlin Director of the company’s Stainless Europe business line and member of the Outokumpu Management Team.

Matthiuu Jehl moves to Outokumpu Arcelork measurementwhere he has served as CEO in several European companies. He has also worked as an energy manager At John Cockerilla.