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Swedbank adds Axfood and Catena as new sector favorites

Swedbank is making two changes to its list of Sector Favorites. Axfood and Catena are being added, while AAK and Balder are leaving the list. For Axfood, the bank points to consumers’ increased focus on prices benefiting the company’s discount profile. Swedbank expects revenue to increase from SEK 89 billion in 2025 to SEK 100 […]

Skanska wins SEK 1.3 billion add-on contract in the US

Construction company Skanska has signed an add-on contract with an existing customer for a technology facility in the US, according to a press release. The contract is worth USD 138 million, equivalent to approximately SEK 1.3 billion, and will be included in order bookings for the US operations during the third quarter. Work began in […]

SEB repeats Buy rating on Genmab – raises price target to DKK 3,000 (update)

SEB repeats its Buy rating on pharmaceutical company Genmab and raises the price target to DKK 3,000 from DKK 2,775 following strong study data for Epkinly in combination with R-CHOP. The results exceeded the bank’s optimistic scenario and showed a PFS hazard ratio of 0.49. SEB sees potential for broad use as a first-line treatment […]

Nordex receives European wind power orders totaling 228 MW

German wind power company Nordex has received several orders for a total of 35 wind turbines with a total capacity of around 228 MW. The orders concern projects in southern, central and eastern Europe and were received at the end of September, the company writes in a press release. The agreements also include servicing of […]

Movebybike brings forward interim report to 6 November

The logistics and transport company Movebybike announces that publication of the interim report is being brought forward from Saturday, 7 November to Friday, 6 November. The reason for the change is that the previously communicated publication date falls on a Saturday.

Spacex wants to build gas pipeline for Starship in Florida

The space company Spacex is seeking permission to build an approximately 51-kilometer-long natural gas pipeline in Florida to secure fuel for Starship launches from Cape Canaveral. This is stated in an application to the Florida Public Service Commission. The pipeline is planned in Brevard County and is to be connected to Florida Gas Transmission, which […]

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