On Tuesday, the general index of the Helsinki Stock Exchange fell by 1.3 percent to 9,511.2 points. Still in the morning, stock indices rose across Europe.
The trend started to change when the Russian president Vladimir Putin said that the country could use nuclear weapons on more modest grounds in the future.
It was a response to the United States allowing Ukraine to use American long-range missiles in the war. According to news agency Bloomberg, Ukraine used these for the first time on Wednesday.
On the Helsinki stock exchange, several shares fell strongly. The most exchanged stock was the network manufacturer Nokiawhose share fell by 5.7 percent to 3.97 euros. The last time the stock fell as strongly in a day was in December 2023.
Spinnova and Tokmanni in the top ranks of calculators
A textile company Spinnovan’s share fell by 9.0 percent to 1.11 euros. The company said the Brazilian pulp giant Suzanoon with the delay in starting the pre-planning phase of their design production facility.
Discount store chain Tokmannin’s share fell by 4.9 percent to 11.10 euros. A dividend of EUR 0.38 was released from the share.
A health technology company Nanoform took a 7.0 percent jump to 1.19 euros. The growth company will report its interim report on Monday. The company’s net sales increased to six quarters for the first time.
New goals
Remedy and F-Secure updated their financial goals. The gaming company’s share fell 2.3 percent to 12.90 euros and the information security company’s share rose 2.7 percent to 1.85 euros.
Remedy also organized a capital market day, which F-Secure will organize on Wednesday.
Remedy aims to double revenue from 2024 and a 30 percent EBIT margin by 2027 in the period 2025-2030. In the previous strategy period 2020-2025, there were no numerical goals.
In the future, F-Secure aims for a high single-digit annual growth in turnover in the medium term. Previously, the goal was a turnover of more than 200 million euros by 2026. Last year’s turnover was 130.4 million euros.
The company aims for an adjusted ebita operating profit margin approaching 40 percent when the turnover rises to 200 million euros. Last year, the share of the adjusted ebita result was 34.2 percent, and in January-September this year it was 37.1 percent.
F-Secure also changed its dividend policy to be more flexible than before.
Source: www.arvopaperi.fi
