STOCK EXCHANGE: Nokia’s bet continues as the Helsinki Stock Exchange searches for direction

Trading on Friday continued in the Helsinki Stock Exchange in an expectant mood. General index OMXH had decreased by 0.06 percent to 12,752 points in the two countries.

The market mood has calmed down after the beginning of the week, when the president Donald Trump visited the World Economic Forum in Davos on Wednesday and Thursday, and said that the United States will not acquire the sought-after Greenland from Denmark by force and will not impose additional tariffs on European countries that have supported Denmark.

Network equipment company Ericsson the good draw continued in the afternoon. The share had gained 8.2 percent after the earnings report, which was clearly stronger than market expectations. In the background are largely efficiency measures.

Ericsson’s adjusted operating profit was SEK 12.3 billion, while the consensus of 29 analysts gathered by Factset expected a result of SEK 10.1 billion. In the comparison period October–December 2024, the adjusted operating result was 9.6 billion kroner.

Turnover in October–December was 69.3 billion kroner. The analyst consensus expected turnover of 66.6 billion. In the comparison period from October to December 2024, the company had a turnover of 72.9 billion kroner. Turnover thus decreased by about five percent.

The turnover of the online business, which is important to the company, decreased by approximately six percent. The company also plans to increase investments in defense in 2026.

A competitor in Ericsson’s wake Nokian the share was up 2.7 percent to become the second of the day as the most traded stock.

Digitalist is rising

On the list of risers the scramble seen this week continued Digitalist Group with a 37 percent increase. The consulting company announced late Wednesday that they had agreed Paul Ehrnrooth investment company Turretin with a million euro loan to strengthen the company’s working capital.

The silver mining company was also in good shape again Sotkamo Silver (+11.2%) and also a gold mining company Endomines (+4,2 %).

Electronics contract manufacturer Scanfil (+5.0%) announced on Thursday evening that it had completed the Italian electronics contract manufacturer MB Electronics acquisition. Scanfil is holding a press conference about the acquisition today.

Food technology company Solar Foods said yesterday evening, after the stock market closed, that it has collected around EUR 25 million through a directed share issue. According to the announcement sent out by Solar Foods at night, approximately 5.2 million shares were subscribed in the issue at a subscription price of EUR 4.85 per share. The subscribed shares correspond to approximately 17.2 percent of the shares after the issue.

The price was about 15.2 percent lower compared to the company’s closing price yesterday.

About 1.6 million of the more than five million shares were directed Gea for Finland. Solar Foods announced last night that it is planning a strategic cooperation with Gea, which is to supply process equipment to the new production facility.

The Solar Foods share was down about ten percent at EUR 5.13.

The CEO of Aspo’s subsidiary is changing

Multidisciplinary company At least managing director Rolf Jansson Aspo’s subsidiary was appointed Telephone as CEO. According to the company’s press release, Telko’s CEO Mikko Pasanen it has been agreed with that he will leave his position.

Aspo has three subsidiaries, which are Telko, The baker and ESL Shipping. The company is considering a partial split or selling ESL Shipping in November last year.

On Friday, several changes were made to investment recommendations and target prices.

Inderes raises Nordea’s target price to EUR 17.50 (previously EUR 15.00) and lowers the recommendation to a reduce level from the previous increase level.

Inderes counts Ecoupin the target price to 1.40 euros (previously 1.70 euros) and repeats the reduce recommendation.

Nordea raises Kemira the target price to EUR 25.00 (previously EUR 24.00) and repeats the buy recommendation.

Nordea raises Calamari the target price to EUR 51.00 (previously EUR 44.00) and repeats the buy recommendation.

OP raise Atrium the target price to EUR 16.70 (previously EUR 15.80) and lowers the recommendation to the decrease level from the previous increase level.

DNB Carnegie raise Fortum’s the target price to EUR 17.90 (previously EUR 17.70) and reiterates the hold recommendation.

Goldman Sachs raise Kojamon the target price to 8.20 euros (previously 7.70 euros) and repeats the sell recommendation.

Danske Bank laski Sitowisen target price to 2.70 euros (previously 2.80 euros) and reiterated the buy recommendation.