The Stockholm Stock Exchange climbed at midday on Tuesday as the market digested a wave of earnings reports. Stockholm's performance outpaced that of leading European exchanges. Meanwhile, U.S. stock futures indicated marginal gains ahead of the afternoon opening on Wall Street.

As of 12:50 p.m., the OMXS30 index was up 0.38 percent at 3,148.59. Trading volume on the Stockholm Stock Exchange amounted to approximately 8.1 billion kronor.

Among the major industrial sectors, consumer discretionary led the way with a 1.1 percent increase. At the other end of the spectrum, energy lagged behind, down 1.5 percent.

Among the leading stocks in the OMXS30 index, EQT rose 2.5 percent, while Hexagon B gained 2.1 percent. The worst performers were Saab B, down 1.1 percent, and Industrivärden C, which slipped 0.6 percent.

Pharmaceutical giant Astra Zeneca reported an adjusted earnings per share of $2.12, slightly above analyst consensus. For the full year 2026, the company forecasts revenue growth in the mid to high single digits and expects core earnings per share to rise by a low double-digit percentage. The stock edged up 0.2 percent.

Leisure products company Thule increased its adjusted operating profit to 83 million kronor, well above market expectations, while organic sales growth remained flat. The stock jumped 12.6 percent.

Real estate company Wihlborgs delivered a management result of 556 million kronor in the fourth quarter, clearly beating analyst forecasts. The board proposes a dividend of 3.30 kronor per share, up from 3.20 kronor the previous year. The stock climbed 1.6 percent.

Acquisition conglomerate Storskogen reported a slightly lower adjusted EBITA result compared to last year but in line with expectations. At the same time, a higher dividend of 0.11 kronor per share is proposed. The stock fell 8.3 percent.

Technology group Sdiptech increased its adjusted EBITA result to 284 million kronor and showed positive organic growth. The outcome was significantly above market consensus of 259 million kronor, according to Modular. The stock soared 14.4 percent.

Store fixtures company Itab Shop Concepts saw its adjusted EBITDA surge to 314 million kronor from 172 million, despite negative impact from its operations in France and Turkey. Organic sales growth was 3 percent. On a pro forma basis (due to the HMY result), the same adjusted operating profit was 199 million kronor (201). The stock plummeted nearly 19 percent.

E-commerce company Nelly Group improved its operating profit to 48 million kronor in the fourth quarter, up from 36 million the previous year. The report points to strengthened profitability. However, the stock tumbled more than 35 percent.

In other news, construction firm Skanska has signed a contract worth £273 million as part of the Broadgate partnership in London, equivalent to about 3.4 billion kronor. The project involves the construction of a major commercial property. The stock rose 1.1 percent.

Credit management company Hoist has agreed to acquire UK debt manager Azzurro Associates, with a credit portfolio of around £200 million. The acquisition strengthens Hoist's presence in the UK. The stock fell 1.5 percent.

Healthcare company Medicover has set new financial targets through 2028, aiming for organic revenue exceeding €3.25 billion and adjusted organic EBITDA above €600 million. The stock gained nearly 5 percent.

In analyst coverage, BNP Paribas raised its recommendation for Sobi to outperform with a target price of 475 kronor, while Handelsbanken initiated coverage of Alleima with a hold rating and target price of 86 kronor. Sobi rose 1.5 percent, while Alleima slipped 0.6 percent.