Stockholm: Rally in Meda – Dagens Industri

Updated 2015-07-23 17:53. Published 2015-07-23 17:49

For the winners among large companies also heard Getinge and Alfa Laval, which advanced 1, 0 and 0.8 percent.

Even Swedish Match went ahead after the company’s market share in the Swedish snus market measured in number of cans, increased during the last four-week period. Share closed 0.7 percent higher.

Among reporting companies excelled to Meda, who rushed nearly 13 percent after having surprised with positive organic growth and stronger margins than expected. According to CEO Jörg-Thomas Dierks received the report, however, entirely according to plan.

Skanska showcased opening after publishing a report that exceeded analysts’ expectations in virtually all lines, but then fell back after trade opening hours. Construction operations were a source of concern, since both profit and operating margin for the subarea was well below consensus. Upon closing, the share 0.2 percent lower.

SSAB continued Wednesday drop by 1.3 percent to 40.63 crowns. A number of analysts screwed down their target prices for the steel company after Wednesday’s weak interim report. Both Danske Bank and Pareto Securities reiterated its buy recommendation, but lowered the target price to 60 and 55 crowns. SEB took a more restrictive approach and declined to SEK 44 from SEK 48, but with an unchanged recommendation “hold”.

Special paper company Munksjö reported an operating profit of EUR 9.1 million for the the second quarter, which was lower than analysts’ average expectations. The stock fell by over 7 per cent immediately after the report release, but then recovered slightly and was trading at minus 3.8 percent at the closing.

technology trading company Indutrade both bilkedjan Bilia could on the other hand, present results that topped estimates, trading up by 2.4 and 0.9 percent.

Hotel group Rezidor was up 4.1 percent. In the second quarter, the average revenue per available room, RevPAR by 4.9 percent for comparable hotels, compared with last year.

Alongside reporting companies advanced Anoto 6.3 percent after notifying the acquisition of software company XMS Penvision. The payment for the company takes place through an issue of 20 million shares in Anoto.

“The acquisition of XMS Penvision gives us better control of the value chain, flexibility in pricing and facilitates sales by larger retailers “said CEO Stein Revesbsy in a statement.