Nordics: weekly earnings summary 9. May
Last week, the OMX Helsinki 25 index fell by 1,34%. The ongoing earnings season in the Nordics highlights a clear pattern: successful cost cuts and strong demand are supporting profits, while several companies are struggling with declining sales revenue and unexpected one-off costs. The market strictly evaluates the actual efficiency of companies.
IVSOInvisio (IVSO)
Invisio had a record quarter, growing its operating profit by 43,3% and revenue by 28,6%. The growth was driven by European sales more than doubling, which offset a temporary decline in North America. Despite strong results, a dividend of 3 SEK, and the approval of a share buyback program, the stock fell by 8,1% over the week.
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