On Friday evening, when the stock exchange closed, the general index of Helsinki showed a hint, i.e. 0.02 percent uphill at 9,558.6 points.
Specialized in business law Fondia was the biggest decliner of the day, ending with a 13 percent drop at 5.00 euros. The company lowered its guidance late Thursday evening. According to Fondia, the background is a difficult and uncertain market situation.
In 2024, Fondia expects turnover to be 25–26 million euros. The company estimates the adjusted operating profit to be 4–6 percent.
Previously, it expected turnover to be 26–27 million euros and adjusted operating profit to be 6–8 percent.
Among the most traded shares, Nordea ended up at yesterday’s levels at 10.71 euros. The machine rose by one percent to 49.06 euros. Neste’s share closed up 1.2 percent to 14.41 euros.
Consulting company Solvers (+1.8%) will report their result in the morning. Solwers’ operating profit fell to 0.5 million euros in July–September from 0.9 million euros a year ago.
Turnover rose to 16.6 million euros from 13.8 million.
A medical technology company Nexstimin the stock was the day’s gainer, up 15 percent. The company announced the agreement with a German company focused on medical technology Brainlabin with, which also includes development and distribution cooperation.
The companies have agreed on a maximum capital investment of 5,095,000 euros in Nexstim by Brainlab as part of the cooperation. Nexstim’s board has decided on a directed share issue and the granting of special rights to Brainlab, as well as the conversion of the convertible bond into shares. With the directed share issue, 250,000 new shares and 790,000 special rights will be given to Brainlab.
On the list of risers on the Black Friday shopping day were also, among others, Maridress (+5.7%) and Lindex Group (+8.2%).
The company announced that the district court rejected Lindex Group’s lawsuit.
Lindex had demanded that the district court declare null and void or annul the arbitration award given in August 2021 in a dispute between the same parties, which concerned the amount of damages to be paid for the termination of the lease agreement for Stockmann’s Tapiola department store.
In the arbitration award, the amount of compensation to be paid to LähiTapiola Keskutakinteistöi was confirmed as 19.3 million euros. The compensation is Lindex Group’s restructuring debt.
Lindex Group has already paid 3.5 million euros for the compensation.
Rush Factory said that he had signed new contracts to expand his business and new cooperation opportunities. The company has entered into a use and lease agreement for event equipment Fin 158 Oy:n with. The company has also signed a cooperation agreement Sunborn Events Oy:n with. The cooperation is related to the storage, rental and construction of event equipment. Rush Factory has also signed a lease agreement regarding the property owned by the company, located in Masku.
BBS-Bioactive Bone Substitutes said that the processing of the European marketing authorization application for the company’s Artebone Paste product ended in rejection by the supervising authority. BBS says that it has made a plan and started preparations to implement a supplementary patient trial.
In the current situation, the company’s board has also decided to start investigations to secure the company’s financial situation and operations.
The district court of Länsi Uusimaa issued a verdict on Friday of the Lindex Group and LähiTapiola Keskutakinteistöt Ky’s in the trial between
Source: www.arvopaperi.fi
