Following the 2.9% Baltic Benchmark decline in Sep-Oct, Nov. was strong with a gain of 2.8% as Artea Bank, Infortar, and KN Energies posted double-digit gains. However,…

Q1-25/26 marks the second quarter in a row with double-digit earnings beat. The EBITDA guidance remains with a clear upside. The share performance is the best in…

Q3/25 EBIT beat estimates for the second quarter in a row as margins surprised positively with in-line sales. The Cargo segment underpins the positive EBIT trend for…

Q3/25 Ignitis core segments results were in-line with estimates. The 2025 adj. EBITDA lower-end guidance was raised. Our adj. EBITDA forecast is at the top-end of guidance…

The Q3/25 Net profit beat changes the 2025 Net profit guidance from “challenging” to “reachable”. The P/BV valuation is compelling as is the forecast dividend yield. We…