Stock Exchange: Helsinki Course Development Weaker than the rest of Europe – Dovre’s share in Rymy

The OMXH General Index on the Helsinki Stock Exchange was rising in the morning, but as the day progresses, the index change has fallen into the minus.

The daily income of the Helsinki Stock Exchange has clearly departed from the rest of Europe in the last few days. Today, Wednesday, the deviation is down. The Stoxx 600 index following the European market was 1.2 % in the afternoon. OMX Helsinki’s general index on the Helsinki Stock Exchange was at 1:47 pm by a decline of 0.1 % at 10465.05.

However, the general fairly positive market span is also visible in Helsinki. In the afternoon, there were 74 rises from the main list and 50

The US 25 % duty on steel and aluminum came into force on Wednesday. At the same time, the EU has announced the new ones.

In a confused situation of steel companies SSAB: and Outokumpu Share prices were 3.7 and 2.0 %. Both also have production facilities in the United States.

Remember the shares of the exchange tip Fluid and Fortum Share prices were over 2 %. Orionin The price of the B share was 2.1 % rising.

In recent weeks, the Home Exchange has been stubbornly upstream as the stock indexes plunge on Wall Street. Now, in Europe, the gaze has customs disputes. President Donald Trump The 25 % import duties for steel and aluminum will take effect today on Wednesday. The European Union said it would respond to the duties with their own imported duties, which would apply to US imported goods for EUR 26 billion. The duties would enter into force in April.

Dovre is in trouble

Consulting firm Dovre Group said it would calculate the 2024 guidelines for operating profit. According to the new guidelines, the Dovre Group’s turnover for 2024 is expected to be approximately EUR 99 million and the EBIT transactions are approximately EUR -22 million.

In the previous guidance on February 3, Dovre expected to have a turnover of the company’s remaining business in 2024 in 2024 and the EBIT business result is around EUR -12 million.

According to the company, the lower guidance is due to significant cost crossings for two wind power projects launched in Sweden during 2024. Dovren’s part -owned Suvic Based on the information obtained from the management, it is estimated that the total losses of EUR 8.7 million and EUR 10 million are estimated to be completed. The losses will be fully recorded for 2024, with work continuing to spring 2025.

At the same time, Dovre announced that Suvic would immediately start a new CEO. The company’s CFO also leaves his job. In addition, the vice chairman of the Dovre Board of Directors Ilari Koskelo Related to the Suvic Management Team to support the company’s operational and financial activities.

The price for Dovre’s share was EUR 26.6 per cent at EUR 0.24.

The challenging market

The stock market’s earnings season has progressed to the end. Wednesday’s earnings reports were received Orthexilta and Tamtron.

The plastic product company Orthex reached a slight growth in the end of the year and made stable performance figures. Orthex’s turnover in October -December was EUR 23.9 million, compared with EUR 23.4 million a year earlier. The company’s rectified EBITA business result was EUR 3.0 million in the final quarter of a year, compared with EUR 2.9 million a year ago and the analysts’ expectation was now compliant with EUR 3.0 million.

“The low consumer confidence and the caution of customers were marked by 2024, and the business environment was therefore lower than normal,” Orthex CEO Alexander Rosenlew reported in the profit file.

Orthex’s share was increasing by 3.9 % at EUR 5.30.

Tamtron, which offers industrial weighing solutions, weakened in the second half of the year. The company’s turnover in July -December was EUR 27.9 million and operating profit of EUR 1.1 million.

“2024 was an economically successful market for Tamtron while the market environment remained challenging,” said the CEO Mikko Keskinen in the company’s profit report.

In his guidelines, Tamtron estimates that net sales would exceed EUR 58 million and the EBITDA will exceed EUR 6 million in 2025. The turnover of 2024 was EUR 52.7 million and EBITDA was EUR 5.9 million.

The price of the Tamtron share was 7.0 % by EUR 5.30.