Helsinki: Weekly earnings summary 8. August
The Helsinki stock exchange index (OMXH25) rose by 0,44% last week, while the earnings season continued at full speed. The reports offered mixed signals: the technology and defense industries showed robust growth, whereas retail and real estate faced challenges, reflecting broader economic uncertainty.
BITTIBittium (BITTI)
Bittium's second-quarter results were exceptional: operating profit grew by 636% and sales revenue by nearly 60%. The robust growth was driven by the doubling of sales in the defense and security segment due to large product deliveries. The future outlook is also strong, as the order volume increased by 137%. Supported by strong results and guidance, the stock rose significantly during the week, closing 4,6% higher on Thursday.
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