On Tuesday, the mood on the international stock market was expectant under the US presidential election. In Helsinki, the OMXH general index of the stock exchange did not find a direction, but at the end of Tuesday was close to the closing readings on Monday at 9,861.98 points.
Among the most traded shares, Nordea was down 1.4 percent and Nokia was down 0.9 percent.
A handful of results were also seen in the morning.
A one-time tranche was brought by a private equity fund company Speech groove (+2.0%) a huge profit jump. The large one-time profit of 8.3 million euros announced at the end of September is related to the development of renewable projects. Taaleri’s turnover and operating profit still grew clearly more than analysts’ expectations, even though continuous income decreased by six percent from the comparison period.
Restaurant company Noho Partners (+1.4%) reported an improvement in earnings, but the growth in turnover and operating profit was slower than forecast. The night club business in particular is on the wane. The company predicts that the restaurant market will slowly recover next year as consumers’ purchasing power recovers and interest rates fall. According to Noho, the booking situation for the pre-Christmas season is good for business and holiday sales.
Food company Raison the third quarter went better than the comparison period in terms of turnover, and the growth also exceeded analysts’ forecasts. However, profitability fell short of the previous year and analysts’ expectations. The company reiterated the guidance for the comparable operating result to remain at last year’s level or grow slightly. Raisio’s K share price was down 4.7 percent.
It service house of Netum Group (+5.7%) turnover increased and profitability improved. The growth fell short of Inderes’ expectations, but the ebita operating result was clearly better than the analyst forecast.
A software company Lemonsoft (+3.5%) announced its results just after the stock market opened. Turnover increased by seven percent and profitability weakened from the comparison period.
It happens in management teams
My Savings Bank vice-chairman and member of the board Jyrki Mäkynen announced his resignation from the company’s board. After the change, OmaSp’s board has five members, and the composition of the board still meets the requirements of the company’s articles of association. Mäkynen has served on the board of OmaSp, which has struggled with lending difficulties, since 2009.
Eneno Group appointed by Carl Brynielsson to head the Business Insight business area. He will also be a member of Enento’s management team. Brynielsson will start his new position on January 13, 2025. He comes to Enento from Lendo, where he has been CEO and country manager.
Pietu Parikka a car trading company was appointed weatherwoman to the role of financial director and operational director and as a member of the management team. Parikka will start her position no later than 5 May 2025. Parikka will transfer to Wetter from the position of CFO of Hedin Automotive Oy.
Source: www.arvopaperi.fi
