At the end of trading, the general index of the Helsinki Stock Exchange was up 0.4 percent at 9978.25 points.
The most traded stock of the day was the bank Nordeawhose share ended with a 1.8 percent increase to 11.26 euros.
Among the most traded stocks, the majority were in an upward trend.
At the top of the rise was a pharmaceutical company Faron Pharmaseuticals, whose share price rose by 10.3 percent to 1.54 euros. An information security company was also on the rise Withsecure with 5.3 percent and a measuring equipment company Vaisala with 4.8 percent.
At the top of the list was a concrete company Betolarwhose share was down 9.5 percent at EUR 1.05 at the close of trading.
The bill also included, among other things, the IT company Tecnotree with about 7.0 percent and a personnel service company Eez with 4.6 percent.
Fodelia is selling its businesses
Food company Fodelia said on Tuesday that it had agreed to sell the business related to its two food brands.
Fodelia is selling the business operating under the Perniön Liha brand Perniön 1930 Oyfor the company. In addition to the business, the deal includes the factory property leased from the city of Salo with buildings and machinery and equipment.
At the same time, Fodelia is selling the business operating under the Helsingin Makkaratehdas brand Tapola Oy for Meat Processing Factory.
Until now, both businesses have belonged to Fodelia’s subsidiary Fodelia Retailin for ownership.
At the end of the day, Fodelia’s share was up 4.0 percent at 5.20 euros.
IT company Digital Workforce Services announced that it had received an order worth 2.7 million euros from the United States. According to the press release published by the company, the reason behind the order is a large company in the energy sector, whose name, however, is not mentioned. According to the press release published by the company, the order is one of the most valuable in the company’s history.
The company’s share was up 2.8 percent at 3.26 euros at the end of trading.
Blade company Do said he had updated his long-term financial goals.
In the long term, Robit is now aiming for growth faster than the market and a comparable EBIT profitability of 10 percent.
Previously, the company aimed for 15 percent organic growth in turnover per year and 13 percent comparable ebitda profitability.
Robit’s share was up 1.1 percent at 1.81 euros.
Packaging manufacturer Huhtamäki said it plans to close its manufacturing facility in Port Klang, Malaysia. The closing is scheduled to take place by the end of June. The closure has personnel effects on 93 company employees.
According to Huhtamäki, the factory will not have a significant impact on the company’s turnover or profit, but the company will record approximately EUR 13 million in costs related to the closure for the first two quarters.
Huhtamäki’s share ended up 0.1 percent to 36.12 euros on Tuesday.
Customer information company With something said that it would launch its own share buyback program.
According to the company’s press release, the maximum number of shares to be acquired within the program is 100,000 shares, which corresponds to approximately 0.42 percent of the company’s total number of shares.
At the end of trading, Enento’s share was up 1.9 percent at 16.82 euros.
Busy results day
On Tuesday, a total of eleven listed companies published their interim reports for the first quarter. The price reactions of the results publishers have been collected in the table below.
Carrier Finnair the result was a loss at the beginning of the year, as expected.
The company’s adjusted operating result in January–March was EUR 11.6 million in loss, and turnover was EUR 681.5 million. In the comparison period a year ago, Finnair made an adjusted operating profit of just one million euros on a turnover of 695 million euros.
The number of passengers decreased by 1.9 percent to 2.5 million from 2.6 million.
In connection with the result, the company slightly lowered its turnover guidance. Finnair’s turnover is now expected to grow more slowly than capacity in 2024.
According to its previous guidance, Finnair planned to increase its total capacity by more than 10 percent, and the company’s turnover was expected to grow somewhat slower than capacity in 2024.
Finnair also said S&P Global Ratingsin granted the company its first credit rating.
S&P Global Ratings’ long-term credit rating for Finnair is BB+ with a stable outlook.
Food company Atrium the adjusted operating result was 8.0 million euros in the first quarter of the year, compared to 10.9 million in the corresponding period last year.
The company’s turnover at the beginning of the year was 416.8 million euros, while a year ago the turnover was 428.0 million euros.
The company kept its instructions unchanged.
Treasurer Eq:’s early year was still overshadowed by the weakness of the real estate market. Eq’s net sales fell to 16.5 million euros in January–March from 17.7 million euros in the comparison period.
Eq’s operating profit fell to 8.8 million euros from 10.0 million euros, while the forecast was 9.1 million euros.
Assets under management increased to 13.3 billion euros from 12.9 billion euros at the turn of the year.