Neste +75% – This is now a critical issue in the results announcement

Speed ​​and dangerous situations are expected tomorrow, Thursday, when the fuel company Neste publishes its results. This is how you rate S-Bank senior portfolio manager Juha Varis Directly from Kauppalehti In the Talousamau program on Wednesday.

Neste’s share price has risen by as much as 75 percent in a year. Clear profit growth is expected from the company.

“Neste is certainly one of the most interesting, if not the most interesting company of this earnings season,” Varis estimates.

According to Varis, Neste is especially interested in the company’s comments about the year that has started.

“After all, the prices of renewables have been really good in Europe at the end of last year and the beginning of this year. It is interesting how much the company has received deliveries tied to a good price level.”

According to Varis, this is now an essential question.

“If Neste says that more than half of this year’s production is already locked in at a really good price, that is enough for this year’s profit forecast, where very clear profit growth is expected. That is the critical [asia]”, Varis said.

“For sure there will be speed and dangerous situations tomorrow.”

Wednesday’s Talousam was hosted by a reporter Heidi Huotilainen.

In today’s broadcast, Stora Enso’s CEO Hans Sohlström responds to economic influencer Björn Wahlroos’ pulp claim and Juha Varis reviews the day’s earnings announcements. You can watch Wednesday’s Economic Morning in its entirety below.

By Editor