The Stockholm Stock Exchange continued its upward climb on Tuesday, with reporting companies in the spotlight. During the morning, the OMXS30 index reached a new record high just above the 3,100 mark. The performance in Stockholm outpaced that seen on leading European exchanges.

At the close, the OMXS30 index was up 0.67 percent at 3,087.35. Shares worth approximately 30.9 billion kronor were traded on the Stockholm Stock Exchange.

The best performing among the exchange's major industrial sectors was energy, which rose 3.1 percent. Raw materials also performed strongly, up 2.2 percent. At the other end of the spectrum, technology was the weakest, down 2.1 percent.

Among the leading stocks included in the OMXS30 index, Boliden climbed 5.3 percent while Sandvik was up 3.5 percent. The worst performer was EQT, down 10.3 percent, while Alfa Laval slipped 4.2 percent.

Mining company Boliden's underlying operating profit increased to 4,061 million kronor from 3,814 million. A regular dividend of 11 kronor per share is proposed, compared to a consensus of 9.65 kronor. Sector peer Lundin Mining rose 5.7 percent.

Industrial company Alfa Laval's interim report showed a lower-than-expected adjusted EBITA profit of 3,237 million kronor, compared to an expected 3,359. Revenue, order intake, and dividend were in line with expectations.

Investment company Kinnevik reported a net asset value of 129.51 kronor at the end of the fourth quarter, compared to 135.56 kronor at the end of the previous quarter. The share fell 4.8 percent.

IT consulting company Addnode increased its EBITA result to a record high of 298 million kronor. Revenue was in line with expectations, while the dividend was lower than expected. EBITA was higher than anticipated. The share dropped 4.4 percent.

Medical technology company Vitrolife's EBITDA result came in lower than expected at 196 million kronor, versus an expected 276 million. The share fell 21.5 percent.

Biotech company Biogaia increased its sales and profits in the fourth quarter, according to preliminary figures. The company states that the figures exceed market expectations. Sales preliminarily increased by 21 percent to 441 million kronor (365), while operating profit rose by 17 percent to 121 million kronor, with an operating margin of 27 percent (28). The share rose 5.5 percent.

Door and window manufacturer Inwido's operating profit was better than expected at 262 million kronor, compared to an expected 242 million. The share increased 2.2 percent.

Engineering company Bulten's adjusted operating profit rose to 37 million kronor from 20 million. The company saw a stronger-than-expected recovery in the fourth quarter, with volumes returning to more normal levels toward the end of the quarter. The share initially rose on the report but ended down 5 percent.

Fasadgruppen increased its adjusted EBITA result in the fourth quarter. The board has also decided on a rights issue of approximately 504 million kronor. The share plummeted 22 percent.

Telecom supplier Ericsson is participating in a future tender for an air defense initiative worth approximately 1,300 billion kronor, which is linked to Donald Trump's "Golden Dome" project, according to Dagens industri (Di). CEO Börje Ekholm describes the defense sector as a major opportunity but declined to comment on the company's interest in the project. The share rose 0.5 percent.

Private equity firm EQT is considering selling its stake in SaaS company Thinkproject, according to information provided to Bloomberg News. A deal could value Thinkproject at up to 1.5 billion euros, according to a source. Furthermore, sector peers abroad had a weak day on Tuesday, with CVC Capital Partners down around 6 percent in Amsterdam.

Bank of America sees an upturn in the truck cycle, believing there is room for higher profits compared to current consensus for this year. Volvo received a reiterated buy recommendation with a raised price target to 370 kronor from 330 kronor. The share rose 3.1 percent.

Elsewhere in analysis, SEB downgraded its recommendation on Academedia to sell from hold. The share rose 0.9 percent.

SEB initiated coverage of Asker with a hold rating and a price target of 78 kronor. The share fell 3.4 percent.