Stockholm Bullets - Dustin plunges, AAK against the current
November 26, 2024 at 03:34 am EST
Share
The Stockholm stock exchange is trading down on Tuesday. Dustin falls on yet another profit warning. AAK goes against the flow after raising its profitability target.
After 29 minutes of trading, the OMXS30 index was down 0.85 percent to 2,491.00. During the day, the index has moved within the range -0.88 percent at its lowest and -0.65 percent at its highest.
The broad OMXSPI was down 0.82 percent.
Share price
Price change
Commentary
Momentum Group
10,7%
Handelsbanken initiates coverage with a Buy recommendation in the short term, Outperform in the long term
Eastnine
9,6%
Billion euro deal in Poland
AAK
4,1%
Increases profitability target for 2030
Boliden
-0,2%
Information to Dagens industri that the company has made an offer of EUR 55 million for the Aldermyrberget wind farm
Wyld Networks
-0,8%
Implements organizational changes and reduces costs
NCC
-0,8%
Sells property to Platzer for SEK 1,780 million
H&M
-1,0%
RBC lowers to sector perform from outperform, target price SEK 165
Platzer
-1,1%
Buys property from NCC for SEK 1,780 million
SCA
-1,3%
Morgan Stanley initiates coverage with recommendation of equal weight
Stora Enso
-2,0%
Morgan Stanley lowers to Equal Weight from Overweight, target price EUR 12
Holmen
-2,0%
Morgan Stanley initiates watch with recommendation of underweight
Nibe
-4,2%
Morgan Stanley lowers to underweight from equal weight, target price SEK 39
Dynavox
-4,3%
Handelsbanken lowers to hold from buy in the short term, to marketperform from outperform in the long term
Vimian
-4,6%
UBS lowers to sell from neutral
Bico
-18,6%
Reduces revenue and adjusted ebitda. Subsidiary Cellink to cut 20% of employees
AAK publ AB, also known as AarhusKarlshamn publ AB, is a Sweden-based holding company active primarily in the food processing sector. The Company refines vegetable oils for specialized products. The Company is organized, along with its subsidiaries, into three business segments: the Food Ingredients segment includes baking fat, dairy fat alternatives, Ice cream fats, infant formulas and oil/fats ingredients, among others; the Chocolate & Confectionery Fats segment provides chocolate and confectionery advantages, ranging from products developed for better sensory, health and longer shelf life to cost efficiency, know-how, technology and service, and the Technical Products & Feed segment includes golden wax, fatty acids, glycerin, deinking chemicals and animal feed. The Company operates Kamani Oil Industries Pvt Ltd. as a majority owned subsidiary.