On Thursday, the OMXH general index of the Helsinki Stock Exchange ended up 0.1 percent to 9,506 points.
Among the most traded stocks Fortum (+3.5 %) and In this (+2.1%) were on the rise. Moved a lot the previous days Nokian the stock fell 1.7 percent, even though the company announced a five-year extension order from Microsoft. Nokia supplies routers and switches to the data centers of Microsoft Azure, which offers cloud services.
Focused on infrastructure and energy construction Vietnam (+3.6%) said they would buy From Dovre Group (+7.0%) Project personnel business and Norwegian consulting business. Previously listed on the First North of the Helsinki Stock Exchange, Nyab moved to the Stockholm Stock Exchange in the summer. The agreed preliminary debt-free purchase price is EUR 30.1 million. The acquisition is expected to take place at the beginning of January, and it is still subject to, among other things, the approval of Dovre’s extraordinary general meeting.
Offering business coaching Trainers’ House (+0.5%) raised its guidance for this year. The company only provides guidance on operating income. The company estimates that the operational operating result falls between an operating loss of 50,000 euros and a profit of 150,000 euros. Previously, the company estimated the result to be loss-making.
Investment company Partner (+15.1%) decided to make foam glass from glass recycling of the Foamit Group strategic evaluation work and intends to invest even more strongly in the company.
Partnera sold its holdings From Finda and Telebusiness InWestista in May 2024. The company will allocate capital from the deals to developing Foamit Group’s productivity and building additional capacity. The Norwegian production plant expansion project is already underway. Similar investments to increase production capacity are also planned in Finland and Sweden.
Fiber technology company Spinnova ended Thursday with a slide of 8.8 percent. Spinnova said earlier this week that the company and the Brazilian pulp giant Suzanon the start of the pre-planning phase of the production plant is delayed. The companies previously expected that the pre-planning phase would start between July and December of this year. Suzano is the largest owner of Spinnova. Spinnova’s price has fallen to 0.90 euros from 1.22 euros at the beginning of the week.
Automotive industry Wetteri (+6,0 %) myy Wetteri Power Oy:n for a Swede Persson Invest AB:lle. The estimated purchase price is approximately EUR 32.5 million. Wetteri Power sells and maintains Volvo and Renault trucks. The acquisition strengthens Wetter’s self-sufficiency. Managing director Aarne Simula sees the moment as right to invest in the passenger car business.
Source: www.arvopaperi.fi
