Stockholm Stock Exchange ended strongly – New Wave climbed and Bico plunged
The Stockholm Stock Exchange continued higher on Wednesday, and a new intraday record was recorded during the day. At the close, the OMXS30 index was up 0.97 percent at 3,360.01. Shares worth approximately SEK 21.7 billion changed hands on the Stockholm Stock Exchange. Among the exchange’s major industrial sectors, the technology sector performed best, rising […]
Otovo withdraws from planned capital increase
The Norwegian solar energy company Otovo’s board has decided not to proceed with the capital increase announced on 6 November. The decision is being made for formal reasons, and the company intends to provide further information should a new decision be made. Otovo’s board had previously decided to issue 56 974 new shares as payment […]
Royal Unibrew in line with expectations – narrows earnings forecast
Danish brewer Royal Unibrew reports third-quarter results in which both revenue and operating profit are in line with expectations. The company is also narrowing its full-year earnings forecast. Revenue rose 1.0 percent to DKK 4,345 million (4,301). The outcome can be compared with FactSet analyst consensus of DKK 4,304 million. Sales volume increased 1.4 percent […]
Sleep Cycle appoints new CEO and presents strategy following Audiowell acquisition
Sleep analysis company Sleep Cycle is presenting a new strategic direction focused on the global wellness market in connection with the acquisition of Audiowell. The company is also presenting Gustav Forssell, previously CEO of Audiowell, as its new CEO with immediate effect. This is stated in a press release. The acquisition has been approved by […]
Millennium new public short seller in Norwegian – Blackrock no longer public
Millennium International Management has taken a public short position in the airline Norwegian. The position amounts to 0.52 percent of the capital. At the same time, Blackrock Financial Management has reduced its position to below the threshold for being public. There are four public short sellers in the company. In total, 2.95 percent of the […]
Storskogen issues SEK 500 million in bonds
Acquisition conglomerate Storskogen has issued SEK 500 million of senior unsecured bonds maturing in January 2031. The interest rate amounts to three-month Stibor plus 250 basis points. The proceeds will be used for a partial buyback of bonds maturing in December 2027 and for general corporate purposes. “With our new bond programme in place, we […]
Oriola issues profit warning
Pharmaceutical distributor Oriola issues a profit warning and now expects adjusted EBITDA for 2026 to be in line with or higher than last year’s EUR 35.1 million. An increase was previously expected. The forecast cut is due to higher-than-expected operating costs in October, mainly as a result of disruptions in the Swedish supply chain.
Sleep Cycle appoints Gustav Forsell as CEO
Sleep Cycle appoints Gustav Forsell as CEO
Mutares sells Guascor Energy to Oaktree for EUR 74 million
German investment company Mutares has entered into an agreement to sell all shares in Guascor Energy and sister company Guascor Power USA to Oaktree’s Power Opportunities business. The purchase price amounts to EUR 74 million. Mutares acquired Guascor from Siemens Energy in November 2022. The transaction is expected to be completed before the end of […]
Napatech has a publicly disclosed short seller
Qube Research & Technologies has taken a publicly disclosed short position in technology company Napatech. The position amounts to 0.50 percent of the capital. The investor is the sole publicly disclosed short seller. Only short positions above 0.5 percent are made public.
