The general index of the Helsinki Stock Exchange was down 0.4 percent at 9,781 points on Friday afternoon. The most traded stock on Friday was an online company Nokiawhose exchange rate had fallen by 1.3 percent. Nordea was on the other hand down 0.3 percent.
A laser technology company was at the top of the stock market’s rise Modulightwho told about the new order. The company has received contracts from several clients that utilize its Pay-Per-Treatment (PPT) model in various therapeutic areas.
On Friday, the car trading company published its results Kamux and an office furniture company Martela.
Kamux reports that the turnover decreased to 280.2 million euros in the third quarter, from 282.4 million euros in the comparison period.
Information service Factsetin in the consensus forecast collected by four analysts, Kamux’s turnover in the third quarter was expected to be EUR 283.6 million.
Kamux’s adjusted operating profit fell to 5.5 million euros in the third quarter from 7.1 million euros in the comparison period. Analysts’ forecast was 5.7 million euros.
Kamux already issued a profit warning in mid-October, when it lowered its guidance for the current year’s adjusted operating result. Kamux said at the time that it expected the adjusted operating result for 2024 to remain at 15–17 million euros, while previously the company expected the operating result to exceed last year’s 18 million euros.
After one, Kamux’s share was quoted down 4.2 percent at 3.34 euros.
Martela, on the other hand, made an operating loss of EUR 0.9 million and a turnover of EUR 20.7 million in July–September. In the comparison period a year ago, the operating result was EUR 0.8 million profitable and the turnover was EUR 24.5 million.
The company is followed by only one analyst, whose forecast for the operating profit was 1.4 million euros and for the turnover 26.7 million euros.
Martela also warned about his result earlier in the fall.
Martela Group’s turnover for the entire year 2024 is estimated to be approximately at the level of the previous year, and the turnover is estimated to end up at 91-97 million euros in 2024. The operating result is estimated to remain slightly negative and the operating loss to end up at the level of 0.0-1.8 million euros.
The share was quoted down 8.7 percent at EUR 1.00.
Manufacturer of electric car chargers Kempower announced that he had appointed Mathias Wiklund as sales director and member of Kempower’s global management team from November 11, 2024.
Before moving to Kempower, Wiklund was the commercial director of Universal Robots.
Kempower’s share was down 0.5 percent at 9.86 euros.
A software company LeadDeskin CFO and member of the management team Kaisa Rönkkö has resigned to move to new positions outside of LeadDesk, the company announced in the afternoon.
Rönkkö will continue in his position until March 7, 2025. The company has started the process to appoint his successor, and will inform about the appointment of the successor as soon as the selection has been made.
Electronics contract manufacturer Incap a block transaction worth EUR 900,000 was made with the share. 85,000 shares changed hands. The shares were traded at a price of EUR 10.61 per share.
Also Talenomin the shares were block traded. In the transaction, 231,250 shares were sold at EUR 3.36 each. The total value of the transaction was thus 776,422 euros.
Source: www.arvopaperi.fi
