The Stockholm Stock Exchange started Thursday with an upturn. The news flow includes a better-than-expected interim report from Systemair and a new billion-krona contract for Skanska.
After about half an hour of trading, the OMXS30 index was up 0.68 percent to 2,798.82. During the day, the index has moved within a range of 0.45 percent at its lowest and 0.77 percent at its highest.
The broad OMXSPI was up 0.77 percent.
Share
Price change
Comment
Systemair
13.7
Presents better-than-expected report, operating profit was SEK 390 million compared with the expected SEK 344 million
Storytel
4.6
SEB initiates coverage with a buy rating and a target price of SEK 110
Atlas Copco
3
Barclays raises to overweight from equal weight with a target price of SEK 178
Alfa Laval
3
JP Morgan resumes coverage with neutral rating and target price of SEK 509.
Bioarctic
2
New Leqembi data shows significantly delayed disease progression with early and long-term treatment
ABB
2
Acquired a minority stake in software company Octaipipe
Skanska
1.1
Wins contract worth SEK 2.6 billion
Saab
0.8
Agreement signed with Airservices Australia to implement advanced air traffic control systems at airports in Melbourne, Sydney, Brisbane, and Perth.
SLP
0
Completed a targeted new share issue of SEK 800 million
New Wave
0
SB1 Markets initiates coverage with a buy rating and a target price of SEK 135, ABG initiates coverage with a hold rating and a target price of SEK 115
Nordea
-
Goldman Sachs downgrades to neutral from buy with a target price of EUR 15.50
Swedbank
-
Goldman Sachs downgrades to sell from neutral with a target price of SEK 282.
Systemair AB is a Sweden-based company engaged in the development, production and marketing of ventilation products and solutions. The products are marketed under the Systemair, Fantech, Frico and VEAB brands. Systemair comprises mainly ventilation products, such as fans, air distribution products, chillers and air handling units; Fantech develops, designs and markets solutions for residential and commercial properties in North America; Frico focuses on air curtains and heating products, and VEAB focuses on the development, manufacture and marketing of heating products for ventilation systems, movable and stationary fan heaters, as well as dehumidification systems. The Company has operations in more than 40 countries in Europe, North America, South America, the Middle East, Asia, Africa and Australia. The Company operates Airwell, Alitis, Kolektor Koling doo, FRIVENT Luft- & Warmetechnik GmbH and Viking Air Conditioning Pty Ltd, among others.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
