Tokmanni is struggling in the stock market – Lehto is trying to join First North

The Helsinki Stock Exchange’s main index was up 0.1 percent on Friday after two in the afternoon.

Discount company Tokmanni continued its rapid rise on the day of its results announcement. At the time of the review, the company’s share price was up 14.4 percent with a turnover of just over seven million euros.

Plastic goods company Orthexwhose profitability weakened in July–September from the year-ago quarter, was down 5.3 percent.

A wood processing company was also among the results publishers I willwhose exchange rate was unchanged at 26,000 euros.

Engineering company Cargotecwhich will apparently become independent For Hiab in April of next year, at the time of the review, was down about five percent with a change of just over three million euros.

Cargotec said on Thursday evening that it had sold MacGregorin capital investor Triton’s for funds with 480 million euros. The initial reaction of investors on Friday morning pulled Cargotec’s share price down by a good nine percent.

Cargotec initially announced MacGregor’s intention to sell already in 2022, and the sale process started in May of this year.

The sale of MacGregor is part of the division of Cargotec into three companies, so that Hiab, which specializes in vehicle load handling, remains in the current Cargotec.

Specializing in container handling and heavy logistics Kalmar separated from Cargotec in July and listed as an independent company on the Helsinki Stock Exchange.

Kalmar’s share was down 0.5 percent from Thursday afternoon. Since listing, its share is up by a good four percent.

In the afternoon, they were at the top of the stock market exchange Nordea (+0.8 %) and In this (+1.2%). Neste has been on the rise a day after the price slipped last week due to the uncertainty caused by the US presidential election and the result warning issued on Friday.

Lehto aims to transfer the shares to First North

A construction company undergoing renovation Lehto Group told the morning about his intention to apply for the transfer of shares from the main list to the First North marketplace.

Trading in Lehto’s shares has been suspended since the beginning of February, after the company filed for bankruptcy of its subsidiary and the parent company filed for corporate restructuring.

In August, Lehto said that it would focus its business on real estate energy solutions and electricity storage, and now announced the new goals. The main goal for next year is to achieve a positive operating result and operating cash flow.

By the end of the current year, Lehto’s goal is to get the first electricity storage sites into production use. According to the company, new cash flow starts to accumulate from the projects as soon as they are completed.

Source: www.arvopaperi.fi