Genmab beats expectations on operating profit, repeats guidance
Danish pharmaceutical company Genmab reports revenue in line with expectations for the third quarter of 2026. Operating profit, however, was significantly higher than expected. Revenue increased 16.1 percent to USD 1,187 million (1,022). The figure can be compared with Bloomberg analyst consensus of USD 1,200 million. Operating profit came to USD 431 million (459), versus […]
Nordea repeats its Hold rating for Nordisk Bergteknik – target price SEK 10
Nordea repeats its Hold recommendation for the rock excavation and foundation engineering company Nordisk Bergteknik, with an unchanged target price of SEK 10, according to a recent analysis. Adjusted operating profit in the third quarter exceeded the bank’s forecast by 5 percent, despite revenue being 6 percent lower than expected. Nordea leaves its operating profit […]
Pareto raises Cloudberry’s price target to 14 Norwegian kroner – reiterates Buy
Pareto Securities reiterates its Buy recommendation for renewable energy company Cloudberry Clean Energy and raises its price target to 14 Norwegian kroner from 13, according to a recent analysis. The brokerage sees significant earnings potential as a result of rising Nordic electricity prices, particularly during the winter. With around 90 percent exposure to spot prices, […]
Stockholm Stock Exchange swung lower as Wall Street opened
The Stockholm Stock Exchange closed lower on Thursday. Prices initially rose, with the outcome of the US midterm elections shaping trading. But when Wall Street opened with sharp declines – particularly in technology – the Swedish market was dragged down in the sell-off. Brent crude rose after Wednesday’s plunge of more than 8 percent. The […]
Public VC brings forward interim report to 6 November
The reverse takeover company Public VC RTO has decided to bring forward the publication of its third-quarter report to 6 November, compared with the previously announced 12 November, according to a press release.
Unlimit has completed announced private placement of DKK 5 million
Unlimit Group has completed the previously announced private placement of DKK 5 million. The company is issuing 500 million new shares at a subscription price of 1 Danish øre per share, according to a press release.
Fidelity increases its stake in Assa Abloy
Fidelity has increased its stake in lock company Assa Abloy and as of November 3 owns 5.16 percent of the capital and 3.52 percent of the votes in the company, according to a flagging notification.
Albert CEO Fredrik Bengtsson increases his shareholding
Educational app Albert’s CEO Fredrik Bengtsson bought 15,707 shares in the company on 3 November. The shares were purchased at SEK 3.98 per share, in a transaction worth SEK 62,500. The transaction was carried out on First North. This is shown in the Swedish Financial Supervisory Authority’s insider register. On 28 October, Bengtsson held 224,293 […]
Bonheur’s chair buys shares for NOK 2 million
Investment company Bonheur’s chair Gaute Gjelsten bought 7,407 shares in the company on 5 November. The shares were bought at a price of NOK 264 per share, in a transaction worth NOK 1.96 million. The transaction was carried out on the Oslo Stock Exchange, according to an insider notification to the Norwegian Financial Supervisory Authority.
Enento targets annual growth of 5–10 percent and an EBITDA margin above 40 percent
IT company Enento has set new financial targets for the 2027–2030 strategy period. The company is targeting average annual organic revenue growth of 5–10 percent and an adjusted EBITDA margin above 40 percent by the end of 2030. Adjusted earnings per share are to increase at a double-digit annual growth rate, while net debt is […]
