The Stockholm Stock Exchange opened the day with a decline, following yet another morning marked by quarterly earnings reports and a flurry of news.
After 40 minutes of trading, the OMXS30 index was down 0.31 percent at 3,113.99. Throughout the day, the index has fluctuated within a range, hitting a low of -0.55 percent and a high of -0.15 percent.
The broader OMXSPI was down 0.32 percent.
Stock
Price Change
Comment
Björn Borg
4.8%
Significantly increased operating profit and proposes unchanged dividend
Diös
4.5%
Increased management result and proposes higher dividend
Karnell
3.8%
Increased revenue and profit for the quarter
Corem
2.3%
Management result came in lower and dividend remains unchanged
Nibe
0.6%
DNB Carnegie downgrades Nibe to hold (buy), maintains target price of 43 kronor
Logistea
0.6%
Report in line with expectations
Orrön Energy
-1.5%
SB1 Markets downgrades Orrön Energy to neutral (buy), target price 7 kronor (8)
Lundin Gold
-0.6%
Invests 100 million dollars in exploration program during the year
H&M
-1.0%
Barclays downgrades H&M to underweight (equal weight), maintains target price of 162 kronor
Bjorn Borg AB is a Sweden-based company engaged in the fashion industry. The Company owns and develops the Bjorn Borg brand, which specializes in underwear for women, men and children. Its business activities comprise four segments: Brand, responsible for gaining royalties; Product Development, which develops, designs and produces underwear and adjacent products, as well as sportswear through Bjorn Borg Sport; Wholesale, which provides lingerie and complementary products in Sweden, Finland and England, as well as footwear in Sweden, Finland and the Baltic countries; and Retail, which operates an online shop, as well as over 15 own stores and outlets in Sweden, Finland and England. The Company’s product portfolio is divided into three areas: Underwear, Sportswear, and Licensed products. Furthermore, the Company is a parent of Bjorn Borg Brands AB, Bjorn Borg Inc, Bjorn Borg UK Limited, Bjorn Borg Services AB, Bjorn Borg Sport BV, and Bjorn Borg Limited (China) Limited CR, among others.
This super rating is the result of a weighted average of the rankings based on the following ratings: Global Valuation (Composite), EPS Revisions (4 months), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Investor
Investor
This super composite rating is the result of a weighted average of the rankings based on the following ratings: Fundamentals (Composite), Global Valuation (Composite), EPS Revisions (1 year), and Visibility (Composite). We recommend that you carefully review the associated descriptions.
Global
Global
This composite rating is the result of an average of the rankings based on the following ratings: Fundamentals (Composite), Valuation (Composite), Financial Estimates Revisions (Composite), Consensus (Composite), and Visibility (Composite). The company must be covered by at least 4 of these 5 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
Quality
Quality
This composite rating is the result of an average of the rankings based on the following ratings: Capital Efficiency (Composite), Quality of Financial Reporting (Composite), and Financial Health (Composite). The company must be covered by at least 2 of these 3 ratings for the calculation to be performed. We recommend that you carefully review the associated descriptions.
ESG MSCI
ESG MSCI
The MSCI ESG score assesses a company’s environmental, social, and governance practices relative to its industry peers. Companies are rated from CCC (laggard) to AAA (leader). This rating helps investors incorporate sustainability risks and opportunities into their investment decisions.
