Baltic market: weekly earnings summary 24. Oct
The Baltic stock index fell by 1.25% last week, while the earnings season gathered momentum. The published reports provided a mixed picture: the banking sector showed continued strength, but industrial companies faced challenges. This week provided the first clearer overview of how different branches of the economy are faring.
TAL1TTallink Grupp (TAL1T)
Tallink Grupp's operating profit growth accelerated to 6.9% in the third quarter, despite a 45.5% increase in fuel costs. The result was helped by lower depreciation costs resulting from the longer useful life of the ships and a 4% increase in sales in restaurants and shops. Despite the strong results and dividend news, the share price remained unchanged over the week, reflecting investor uncertainty about the future.
Create a free account to continue
Registration is free - the full analysis with all companies and the conclusion is waiting in the app.
Free account - no credit card needed
The information provided is not investment advice. RYTM analyses are generated with AI assistance and are intended for informational purposes only. Always do your own research before making investment decisions.