Stock Exchange: Modulight and Scanfil on the rise after result reports

The Helsinki Stock Exchange continued on Friday after the morning opening in uphill. The OMXH General Index was 0.7 % in the afternoon at 10,451.56 points.

In the afternoon of the stock exchange, there was Nordea (+1.2 %). On the list of the twelve -most replaced shares only fuel company In this (-0.3 %) was down in the afternoon.

Modulight rises after the result report

In the afternoon, one of the biggest risers was the medical technology company Modulight (+7.5 %). In October -December, the company generated net sales of EUR 1.4 million, compared with EUR 1.0 million during last year’s comparison. At the same time, the company’s operating profit was EUR -2.2 million, and during the comparison period the corresponding figure was EUR -5.1 million. The company’s order portfolio increased to EUR 3.0 million and EBITDA in a quarter was EUR 1 million. During the comparison period, EBITDA was EUR 3.0 million at a loss. The Board of Directors of the Company proposes that there is no dividend for the financial year 2024, as was not distributed for the previous year. Modulight did not provide guidance on turnover or profitability for 2025.

Electronics contract manufacturer was also on the rise of earnings announcers Scanfil (+5.6 %) that announced its financial statements on Friday morning. The company will guide the growing turnover and operating profit for the current year. The dividend growth tube continues as expected, and the company’s figures for the rest of the year 2024 also came close to expectations in accordance with the preliminary information published in December.

Defense Summa Defecles with a merger of a marine logistics company planning Meriauran (-2.3 %) turnover in October-December rose to EUR 20.4 million from EUR 19.0 million a year ago. EBITDA was EUR 1.3 million, compared with EUR 2.1 million a year ago. The operating profit decreased to EUR 16.5 million from EUR 0.8 million a year ago.

The Summa Defense estimates the Group’s turnover of EUR 110-140 million and rectified EBITA’s EUR 9-12 million in 2025. The estimate is based on the Summa’s target company’s approximately EUR 200 million confirmed and partly production stock on February 21, 2025. The share is approximately EUR 66 million.

Ilkka’s profitability weakened

Media house Ilkka (+2.5 %) also reported on Friday’s fourth quarter results. The company’s turnover in October -December was EUR 14.3 million, compared with EUR 14.1 million during the comparison period. The operating profit was EUR -0.5 million, compared with -0.2 million euros.

The Board of Directors proposes to pay EUR 0.22 per share. During the comparison period, the dividend was paid EUR 0.20 per share. Ilkka expects the Group’s continuing revenue and adjusted operating profit for its own operations will increase from the previous year.