The Grigeo share closed last week down 29% following news that Grigeo Klaipeda has released sewage into the seawater. It is impossible to determine the financial impact without more facts and hence we put our estimates “Under review” to be updated later.
Waiting for more facts Read More »
Strong restaurant and shop sales combined with favorable fuel costs led to a record quarter. We raise our profit estimates and lower our sales estimates.
Tallink är den ledande kryssningsoperatören i norra Östersjön. Bolaget går mot ett starkt år med en förväntat direktavkastning på 5%. Vi ser möjlighet till ökad utdelning framöver drivet av ökad försäljning ombord samt expansion av landbaserad verksamhet.
5% direktavkastning i Euro Read More »
The leading domestic tissue, cardboard, and packaging producer in the Baltics, Grigeo, released (26 Nov) a Q3 report that was above our forecast in terms of profits. We reiterate our view that dividends can increase this year.
Q3 Profits above expectations Read More »
Grigeo is the leading domestic tissue, cardboard and packaging producer in the Baltics – a region where higher living standards drive demand for paper products. Following scaled back investment plans, we see room for increased dividends.
Room for dividend increase Read More »
Ekspress Grupp is the leading media house in the Baltics. Their transformation from print to digital is hard to detect, but it is happening. The share is priced for digital transformation failure which might be too pessimistic.
Transforming to digital Read More »
Tallink is the leading cruise operator on the Baltic Sea. It has been profitable every year except 2010 since listing in 2005 and paid dividends every year since 2013. The outlook for increased dividends is good as the onboard spending trend is positive and the onshore business is developed.
Untapped potential Read More »
Strong advertising sales and contributions from acquisitions resulted in the highest Q4 Operating profit in at least 10 years. The digitalization rate is on pace to cross 50% of group sales this year. We raise our estimates and Fair value range.
Digitalization ahead of track Read More »
