Helsinki: Weekly Earnings Summary August 15
The Helsinki Stock Exchange (OMXH25) rose 1.95% last week, while the earnings season offered mixed signals. Some companies showed strong profit growth supported by specific business segments, while others struggled with rising costs and weakening demand, creating a clearly dual picture in the market.
REMEDYRemedy Entertainment (REMEDY)
Remedy's second-quarter operating profit fell 760% into a loss. The reasons were the high comparison base of last year's successful game and the high marketing costs of a new game. Although the results indicate profitability issues before the launch of new games, the stock surprisingly ended the week with a 5.15% increase.
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