At the end of the week, the general index of the Helsinki stock exchange ended up with a 0.9 percent increase to 9895.26 points.
The most traded stock on Friday was the bank Nordeawhose share ended with a 2.3 percent increase to 11.01 euros. Among the twelve most traded stocks, most were in an upward direction.
Friday’s biggest gainer was the cargo handling equipment company Kalmarwhose share ended with a 13.3 percent increase to 32.42 euros.
Kalmar published its third quarter interim report today. The accumulation of new orders in particular was a positive surprise for investors.
Kalmar received new orders for 416 million euros, while the order pot for the comparison period was 392 million euros. by Vara Research the consensus forecast of nine analysts expected 384 million euros.
The order backlog at the end of September was 905 million euros, while at the turn of the year the figure was 1,024 million euros and at the end of June 925 million euros.
Kalmar raised its guidelines in connection with the results publication. The company now estimates its comparable operating profit margin to be over 12 percent this year in 2024. The previous estimate was a comparable operating profit margin of over 11 percent.
Other results announcers on Friday were Betolar, compound, Digital Workforce Services, KH Group, Remedy Entertainment and Brimstone. The price reactions of the results publishers have been compiled in the table below.
Friday’s other risers included, among others HKFoods and SSH Communications Service. The HKFoods share ended with a 9.4 percent increase to EUR 0.91 and SSH’s with a 7.4 percent increase to EUR 1.16.
At the end of trading, earnings publishers Componenta and Tulikivi were among others in a downward direction. Componenta’s share weakened by 7.2 percent to EUR 2.85 and Tulikivi’s A share by 7.1 percent to EUR 0.434.
Also a fuel company In this ended in decline, and its share fell 4.7 percent to around EUR 14.00.
New CEO for Netum
IT service company Networks has appointed as the new CEO Rep Harmasenwhich has previously operated, among other things Solteqin as CEO.
Harmanen will start his position on January 10, 2025. Harmanen has served as a member of the company’s board since 2021 and will leave the board before the start of the new term.
On Friday, Netum’s share price ended with a 2.2 percent increase to 2.80 euros.
Specialized in infrastructure construction Created says that it has signed a contract with the Norwegian Railway Agency worth approximately 9.3 million euros, which the company will enter in its order book in November.
Kreate will renew the Koivisto and Pikkuhara bridges that cross the Kokemäenjoki, which are located on highway 11 in the Pori and Ulvila area. The current bridges, built in the 1950s, no longer meet modern requirements.
Kreate’s share ended with an increase of about 3.0 percent to 8.26 euros.
Construction company YIT says he agreed TA Group with the construction of an ARA-financed apartment building project in Espoo’s Kera. The housing company will consist of two apartment buildings, and the deal also includes the sale of the plot.
The value of the contract is approximately EUR 12 million and YIT will enter it in the order book for the last quarter of the year.
At the end of trading, YIT’s share rose 4.2 percent to 2.71 euros.
Fish breeding company Fifax says that he has signed four separate loan agreements, the total amount of which is 500,000 euros. The lenders are V Group, Holdix, Etric and flush.
According to the loan agreements, the loan capital and the accumulated capitalized annual interest of 15 percent will be repaid on October 31, 2025.
Fifax shares ended up 1.8 percent higher at 0.28 euros.
Energy company Fortum said that he had signed an agreement for the sale of his turbine and generator services to an industrial maintenance service provider Elcoline Groupille.
According to the company’s press release, the sale is part of Fortum’s ongoing strategic review of Circular Solutions businesses.
According to Fortum, the transaction will not significantly affect the group’s result.
On Friday, Fortum’s share ended with a 0.9 percent increase to 13.65 euros.