Yubico’s stock climbs sharply on the back of a sector rally in the US
The cybersecurity company Yubico’s stock is climbing sharply on the Stockholm Stock Exchange, supported by a rally in the sector on Wall Street on Friday, Dagens industri reports. At 12:30 p.m., Yubico’s stock was up 15.6 percent at SEK 145.70 last paid. The stock has performed strongly, rising 258 percent over the past six months. […]
The Netherlands wants to reduce the number of civil servants by 25,000 with the help of AI – BN
The Dutch government plans to reduce the number of civil servants by 25,000 through efficiency measures using artificial intelligence, AI. The aim is to save 900 million euros annually by 2027 and 3.5 billion euros from 2035. Bloomberg News reports. The cuts will be implemented over several years, and the government is expected to present […]
AAK loses buy rating from SB1 and Danske Bank – Barclays cuts price target
SB1 cuts its recommendation for specialty fats company AAK to neutral from buy and its price target to SEK 200 from SEK 220. Barclays repeats underweight and cuts its price target to SEK 180 from SEK 195. Both analysts point to increased margin pressure within Chocolate & Confectionery Fats, where lower cocoa butter prices and […]
Ako Capital is no longer a public short seller in Volvo Cars
Ako Capital has reduced its short position in carmaker Volvo Car below the threshold and is therefore no longer a public short seller in the company. There are thereafter two public short sellers in the company. In total, 4.25 percent of the capital is shorted in Volvo Car. The Swedish Financial Supervisory Authority requires positions […]
Wellington is Munters’ new public short seller
Wellington Management has increased its short position in climate control company Munters to 0.56 percent of the capital and is therefore the company’s new public short seller. There are now three public short sellers in the company. In total, 5.32 percent of the capital in Munters is shorted. The Swedish Financial Supervisory Authority requires positions […]
Danske Bank raises target price for Saab to SEK 680 (610), reiterates hold – BN
Danske Bank raises target price for Saab to SEK 680 (610), reiterates hold – BN
Smart Eye expands agreement worth SEK 20 million
The technology company Smart Eye has received an additional order for cabin monitoring software for a vehicle model from an existing European customer. The order is expected to generate an additional SEK 20 million over the model’s lifecycle. Production is scheduled to start in the second quarter of 2027. The company’s Interior Sensing technology has […]
Alleima receives order in the United Kingdom
Alleima receives order in the United Kingdom
Alleima’s adjusted operating profit lower than expected
Specialty steel company Alleima reports sales that were lower than expected in the third quarter. Adjusted operating profit also came in lower than expected. Sales increased 0.8 percent to SEK 4,257 million (4,222). The outcome can be compared with FactSet analyst consensus of 4,372. Operating profit was SEK 315 million (127). The operating margin was […]
Alleima net sales of SEK 4,257 million (4,222) in the third quarter, expected SEK 4,372 million
Alleima net sales of SEK 4,257 million (4,222) in the third quarter, expected SEK 4,372 million
