Stock Exchange: Rise in Helsinki – Kamux will continue in the downhill

The Helsinki Stock Exchange continued on Thursday afternoon. The OMXH General Index was 0.8 % rising by 10,420.03 points.

In the afternoon the most replaced stock on the stock exchange was Nordea (+1.2 %). Among the twelve -replaced shares only Fortum (-0.4 %) as well as Tietoevry (-0.4 %) were down.

Kamux course in a clear decline

On Thursday, six companies on the Helsinki Stock Exchange were released by its financial report Kamux, GOFORE, Wins, Lemonsoft, Tallink group mixed Norrhydro Group.

In October -4.6 %, car dealer Kamux (-4.6 %) decreased to EUR 236.7 million from EUR 241.6 million to EUR 236.7 million. A car dealer’s adjusted operating profit shrunk to EUR 0.7 million from EUR 5.5 million. The Kamux Board of Directors proposes a dividend per share of up to EUR 0.07, while a dividend of EUR 0.17 per share was distributed for a dividend of 2023. The company advises that this year’s adjusted operating profit will improve from the previous year.

IT service company Gofore (-2.7 %) revenue in the fourth quarter to EUR 49.8 million from EUR 51.7 million of the year-long comparison season. Gofore’s adjusted EBITA business result fell to EUR 6.7 million in the fourth quarter of EUR 8.3 million. Reported operating profit fell to EUR 5.7 million from EUR 8.0 million. Gofore intends to distribute the dividend of EUR 0.48 per share. The last time the dividend was EUR 0.47 per share.

EBITA’s corrected EBITA profit (+2.2 %) was a loss of EUR 0.4 million and operating profit at a loss of EUR 0.4 million, compared to EUR 1.7 and EUR 2.8 million a year earlier. The Board of Directors proposes to pay a dividend of EUR 0.11. The dividend was paid EUR 0.10 from the previous year. Vincit estimates that the turnover of 2025 will be less than the previous year, but relative profitability is estimated to be better than the previous year.

Saas software company Lemonsoft (-4.8 %) had an operating profit of EUR 1.3 million in October and December and a turnover of EUR 7.7 million. During the year -long comparison period, operating profit was EUR 2.1 million and net sales EUR 7.4 million. The company’s adjusted EBITDA decreased by a quarter to EUR 1.8 million from EUR 2.0 million in the comparison period. The Lemonsoft Board of Directors proposes to the Annual General Meeting that the dividend be paid EUR 0.14 per share. The dividend per share for the previous year was EUR 0.14, and analysts expected the level to remain unchanged. In its guidelines, the company estimates that the turnover of 2025 for the financial year 2025 will increase by 0-10 % compared to 2024 and that the adjusted operating profit is 18-24 % of the turnover in 2025.

The operating profit of Tallink (+1.6 %) of the shipping company in October and December was EUR 1.3 million. During the comparison period, operating profit was EUR 11.4 million. In October -December, the company carried 1.3 million passengers, which is 2.2 % less than in the corresponding period the previous year. Net sales fell by 5.3 per cent by EUR 184 million. The Board of Directors proposes to the Annual General Meeting that a dividend of 2024 for the financial year be paid EUR 0.06 per share. In 2023, the company paid a dividend of EUR 0.06 per share.

Hydraulic manufacturer Norrhydron (-13.1 %) reduced net sales to EUR 11.1 million in the second half of 2024. A year earlier, at the time of the corresponding time, net sales were EUR 12.0 million. The company’s EBITDA improved in July and December 2024 to EUR 0.486 million. During the comparison period, EBITDA was loss of EUR 0.3 million. Norrhydro’s operating loss was EUR 0.191 million in the latter half of the year. One year earlier, the company’s adjusted operating loss was EUR 0.973 million.

For a big order for Tamtron

Weighing equipment Tamtron Group subsidiary Tamtron Precision said that he received the largest order in the group’s history from a major European technology journalist. The value of the order is more than EUR 3 million.

The order applies to the supply of weighing and dosage equipment for the metal and mining industry and is more than EUR 3 million. Tamtron does not publish the name of the subscriber.

Tamtron’s course was 6.5 % in the afternoon at EUR 5.90.

Viafin Service with acquisitions

Industrial maintenance company Viafin Service (+0.5 %) said he is buying electrical and mechanical maintenance Bear Group Finland Oy:n and electric maintenance providing Karhu Workteam Oy Full share capital.

The fixed debt -free purchase price is EUR 3.0 million. It is paid in cash for EUR 2.7 million and EUR 0.3 million in shares in Viafin Service. In addition, the transaction includes an additional sale price, which is determined by the combined adjustment of the Bear Group and Karhu Workteam annually 2025, 2026 and 2027. Cage Holding Oyowning the entire share capital of the Bear Group and Karhu Workteam.