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Flerie reduced net asset value in Q3 (update)

(update throughout) The life sciences investment company Flerie reports a lower net asset value per share and a doubled net loss in the third quarter, weighed down by negative changes in the value of portfolio companies. Net asset value amounted to SEK 3,113 million (3,918) at the end of September, corresponding to SEK 35.91 per […]

Antofagasta increased copper production by 7 percent in the third quarter

The mining company Antofagasta increased copper production by 7 percent in the third quarter compared with the previous quarter and is also presenting a production forecast for 2027. Copper production amounted to 151,900 tonnes (142,000) in the third quarter, an increase of 7 percent compared with the previous quarter. Gold production decreased by 4.3 percent […]

TSMC beats expectations (update)

(addition: Q4 forecast) Taiwanese semiconductor giant TSMC reports revenue and profit that were higher than analysts’ expectations in the third quarter. Operating profit also beat consensus. Revenue rose 50.9 percent to 1,494.2 billion Taiwan dollars (989.9). The outcome can be compared with Bloomberg’s analyst consensus of 1,460 billion Taiwan dollars. Gross margin was 66.4 percent, […]

Nordea: Analysts highlight paused buyback programme as a concern after report

Barclays is concerned about weak lending trends and compressed net interest margins at Nordea following this morning’s report, while Inderes and SB1 Markets primarily highlight the uncertainty surrounding the paused share buybacks. Barclays has an underweight recommendation and a price target of EUR 15. The bank is concerned about weak lending growth and compressed net […]

Flatexdegiro plans EUR 100 million buyback

Online broker Flatexdegiro has decided to apply to the German financial regulator Bafin for approval of a share buyback programme of up to EUR 100 million. The programme will begin after the authority has granted its approval. Flatexdegiro’s annual general meeting has previously authorised the company to carry out buybacks.

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