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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 […]

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 […]

Pareto: Bakkafrost exceeds volume forecast in Q3 but Scotland weighs

Pareto notes that salmon farmer Bakkafrost’s harvest volume of 27,600 tonnes in the third quarter was 7 percent above the bank’s forecast, mainly driven by the Faroe Islands. Pareto believes that 100,000 tonnes can be reached there in 2026, above the guidance of 97,000 tonnes. At the same time, Scotland weighs with low harvest weights […]

Idex Biometrics quadrupled revenue – wins largest Access order to date

Norwegian biometrics company Idex Biometrics reported preliminary revenue of approximately NOK 6.6 million in the third quarter, compared with NOK 1.6 million in the previous quarter. The outcome was lower than the previously indicated figure of more than NOK 8.5 million, as deliveries were postponed until October. At the same time, the company received its […]

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