The Stockholm stock exchange lost momentum towards the end of the trading day, although Tuesday ended on a positive note. Among the day’s major news events were Hemnet’s action programme and Boozt raising its full-year forecast.
At the close, the OMXS30 index was up 0.18 percent at 3,286.19. Shares worth approximately SEK 21.9 billion changed hands on the Stockholm stock exchange.
Technology posted the best performance among the stock exchange’s larger industrial sectors, rising 1.3 percent. At the other end of the scale was energy, which fell 1.9 percent.
Among the leading shares included in the OMXS30 index, Epiroc A rose 3.4 percent while Atlas Copco A was up 2.3 percent. H&M B posted the weakest performance, falling 2.5 percent, while Nordea was down 1.5 percent.
E-commerce company Boozt is raising its full-year 2026 forecast following a strong third quarter. The adjusted operating margin for the third quarter is expected to amount to 5.5 percent, compared with 4.0 percent in the same quarter last year. For the full year, net sales growth is now expected to amount to 9-12 percent in local currency, compared with the previous forecast of 7-11 percent. The forecast for the adjusted operating margin is raised to 6.5-7.0 percent, from 6.0-6.8 percent previously. The share rose 2.7 percent.
Residential property platform Hemnet is carrying out a reorganisation expected to generate annual cost savings of SEK 80–85 million compared with the cost level during the second quarter of 2026. The full effect is expected during the first half of 2027. The restructuring entails one-off costs of SEK 30–35 million during the fourth quarter. The share rose 5.9 percent.
Ventilation company Systemair plans to discontinue production at the Group’s facility in Waalwijk, the Netherlands. The closure affects around 70 employees at the production facility. The restructuring will result in a one-off cost estimated at SEK 115 million, mainly comprising project costs, impairments and personnel costs. A subsequent sale of the property is expected to generate a capital gain of SEK 40 million. The share rose 0.4 percent.
Forest industry company Stora Enso plans to close production of cross-laminated timber, CLT, at the Gruvön sawmill in Sweden at the end of 2026 and is initiating MBL negotiations with the trade unions. The negotiations cover 220 employees at the sawmill, including the Nordic CLT sales organisation. The plan could affect a maximum of 80 positions. A decision will be made only after the negotiations have been concluded. The share fell 1.1 percent.
Outdoor clothing company Revolution Race is publishing a pro forma overview ahead of the transition to segment reporting. The background is the acquisition of Icaniwill during the summer. The Group will therefore report two operating segments going forward, Revolution Race and Icaniwill, as well as Group-wide items. Revolution Race estimates that the transaction costs for the acquisition of Icaniwill amount to SEK 21 million, which will weigh on earnings as a Group-wide item affecting comparability in the interim report for the first quarter. The share was down 0.4 percent.
Pharmaceutical company Astra Zeneca is investing USD 2 billion in Summit Therapeutics while also expanding the companies’ collaboration on cancer treatments. The share fell 0.6 percent.
Drug development company Egetis Therapeutics has received US FDA approval for Emcitate, tiratricol, for the treatment of peripheral thyrotoxicosis in adults and children with the rare disease MCT8 deficiency. The share rose 13.3 percent.
Diagnostics company Immunovia is carrying out a rights issue of SEK 63 million before issue costs. The share fell 30.8 percent.
In the property sector, Public Property Invest, PPI, is making a takeover bid for Spotlight-listed Preservium Property worth SEK 320 million. PPI is also acquiring two other unlisted property companies. The PPI share was down 1.3 percent while Preservium rose 9.8 percent.
Among the day’s analyst recommendations, BNP Paribas is lowering its recommendation for Evolution to neutral, from outperform. At the same time, Kepler Cheuvreux has raised its price target to SEK 880 (830) while maintaining a Buy recommendation. The share fell 0.8 percent.
Jefferies is dropping its Buy recommendation for Billerud and lowering it to Hold. The share fell 1.9 percent.
Norion Bank rose 2.4 percent after SEB raised its recommendation to Buy, from Hold.
ABG Sundal Collier is dropping its Sell recommendation for Fabege and raising it to Hold. The share rose 2.2 percent.
Volvo fell 0.6 percent despite a Buy recommendation from Aktiespararna.
