OM:VSSAB B
OM:VSSAB BShipping

Viking Supply Ships (OM:VSSAB B): Losses Cut by 49% Annually, Shares Trade Far Below DCF Value

Viking Supply Ships (OM:VSSAB B) remains unprofitable but has consistently narrowed its losses over the past five years, averaging a reduction of 49.3% per year. With no recent revenue or profit growth data available, investors are left to weigh the significance of ongoing improvements in loss reduction against the company's lack of profitability. See our full analysis for Viking Supply Ships. Next, we will put these results in context by comparing them to the most popular narratives...
OM:HMS
OM:HMSCommunications

Assessing HMS Networks (OM:HMS) Valuation Following New Safety Product Launch and Solid Q3 Results

HMS Networks (OM:HMS) has just introduced its Anybus Safe2Link Remote IO-CS, a TÜV-certified safety device designed for mobile machinery. In addition to this launch, the company reported higher third quarter sales and net income compared to the previous year. See our latest analysis for HMS Networks. The recent product launch and solid third quarter results have helped fuel momentum, with HMS Networks’ share price climbing 21.7% over the past month and nearly 20% year-to-date. When you factor...
OM:ALIG
OM:ALIGMachinery

Assessing Alimak Group (OM:ALIG) Valuation After Mixed Earnings and Recent Trading Volatility

Alimak Group (OM:ALIG) just released its Q3 earnings, highlighting a dip in quarterly sales and profits compared to last year. However, net income for the first nine months showed a solid improvement. See our latest analysis for Alimak Group. Alimak Group’s latest earnings update follows a stretch where momentum has clearly faded, with the share price down 12.3% over the past month and off 15.8% in the last quarter. Still, if you zoom out, the company’s total shareholder return is up an...
OM:LIAB
OM:LIABBuilding

Lindab International (OM:LIAB): Evaluating Valuation After Q3 Profit Surge and Acquisition Momentum

Lindab International (OM:LIAB) just released its third quarter and nine-month results. The company reported a considerable jump in net income and earnings per share, even though sales dipped slightly year-over-year. The results highlight improving profitability and strong operational momentum. See our latest analysis for Lindab International. Lindab International’s momentum is picking up, with its share price rebounding 15.5% over the past month after a muted start to the year. While recent...
OM:BEIA B
OM:BEIA BMachinery

Is Beijer Alma (OM:BEIA B) Trading Margin Growth for Revenue Expansion?

Beijer Alma AB reported its third quarter and nine-month earnings for 2025, with sales rising to SEK 1,886 million in Q3 but net income dropping to SEK 176 million compared to last year. This combination of higher revenues but sharply lower profitability highlights pressure on the company’s margins and operational efficiency despite top-line growth. We’ll now examine how declining net income alongside sales growth may shape Beijer Alma’s broader investment narrative and future outlook. Trump...
OM:VOLCAR B
OM:VOLCAR BAuto

Volvo Cars (OM:VOLCAR B): Valuation Insights Following Strong Q3 Profit and EV Expansion Efforts

Volvo Car AB (publ.) (OM:VOLCAR B) delivered a stronger-than-expected third quarter profit, even as sales dipped. This result highlights the impact of its turnaround efforts and continued demand for the XC60 SUV. See our latest analysis for Volvo Car AB (publ.). Volvo Cars’ upbeat third-quarter profit has been echoed by a rapid rally in its share price, climbing over 65% in the past month alone, with a 39% year-to-date share price return. The combination of successful cost reductions, the...
OM:LAGR B
OM:LAGR BElectronic

Did Lagercrantz Group’s (OM:LAGR B) Strong Q2 Results Just Shift Its Investment Narrative?

Earlier this week, Lagercrantz Group AB reported earnings for the second quarter and first half of its fiscal year ended September 30, 2025, highlighting sales of SEK2,457 million and net income of SEK260 million for the quarter, both higher compared to the prior year. The company’s gains in both basic and diluted earnings per share for the period underscore a period of improved profitability and continued operational momentum. We'll now explore how Lagercrantz Group's year-over-year sales...
OM:NOLA B
OM:NOLA BIndustrials

How Stronger Earnings Amid Softer Sales at Nolato (OM:NOLA B) Has Changed Its Investment Story

Nolato AB recently reported its third quarter 2025 results, showing net income of SEK 215 million despite a slight dip in sales to SEK 2,342 million, and earnings per share from continuing operations increasing to SEK 0.8. This marks an increase in profitability compared to a year earlier, highlighting the company's ability to drive earnings growth even when revenue is marginally lower. We'll explore what stronger earnings on weaker sales could mean for Nolato's investment case and future...
OM:SSAB A
OM:SSAB AMetals and Mining

How Investors May Respond To SSAB (OM:SSAB A) Supplying Fossil-Free Steel for Landmark Vattenfall Dam Project

Vattenfall has announced an agreement with SSAB to deliver 120 tonnes of fossil-free steel for the world’s first dam gate manufactured with near-zero fossil carbon dioxide emissions, using HYBRIT technology developed by SSAB, Vattenfall, and LKAB. This project marks a significant milestone in large-scale infrastructure applications for fossil-free steel and highlights deepening collaboration between leading players in the decarbonization of heavy industry. We'll examine how SSAB's funding...
OM:BILL
OM:BILLPackaging

Billerud (OM:BILL): Assessing Valuation After Q3 Earnings Reveal Decline in Sales and Profitability

Billerud (OM:BILL) has published its Q3 earnings, showing a drop in sales and a shift from profit to net loss compared to last year. The results signal ongoing challenges and will be closely watched by investors. See our latest analysis for Billerud. Billerud’s latest Q3 results add to a year marked by changing fortunes. After drifting lower for much of 2024, the stock has staged a modest rebound recently, gaining 3.5% over the past month and 6.3% over the last 90 days. However, the...
OM:NCAB
OM:NCABElectronic

What NCAB Group (OM:NCAB)'s Strong Q3 Profitability Means For Shareholders

NCAB Group AB (publ) recently reported its third quarter and nine-month 2025 financial results, highlighting sales of SEK 949.2 million and net income of SEK 60.9 million for the latest quarter, both figures showing increases compared to the same period last year. While the nine-month net income declined from the previous year, the company achieved higher quarterly earnings per share, reflecting improved profitability for the third quarter of 2025. We'll examine how NCAB Group's stronger...
OM:AFRY
OM:AFRYProfessional Services

Did Afry's (OM:AFRY) Profit Decline Just Shift Its Investment Narrative?

Afry AB released its third quarter and nine-month earnings for 2025, reporting sales of SEK 5,687 million and net income of SEK 137 million for the quarter, both down from the previous year. The year-to-date results revealed a sharper drop in net income than sales, highlighting pressure on profitability in addition to revenue. We'll review how these profit declines in the latest quarterly report may affect Afry's previously outlined investment narrative. These 15 companies survived and...
OM:TEL2 B
OM:TEL2 BWireless Telecom

Tele2 (OM:TEL2 B): Assessing Valuation After Strong Q3 and Nine-Month Earnings Growth

Tele2 (OM:TEL2 B) just released its third quarter and nine-month 2025 results, revealing year-over-year rises in sales, net income, and earnings per share. These figures highlight continued operational and financial progress for the company. See our latest analysis for Tele2. Tele2’s upbeat earnings news comes as the stock continues to show solid momentum, with a year-to-date share price return of nearly 35% and a robust 40% total shareholder return over the past twelve months. Recent price...
OM:LIFCO B
OM:LIFCO BIndustrials

A Look at Lifco (OM:LIFCO B) Valuation After Strong Q3 Earnings and Renewed Acquisition Plans

Lifco (OM:LIFCO B) just released its third-quarter results, highlighting year-on-year gains in both sales and net income. The company also emphasized plans for more acquisitions, supported by strong cash flow. See our latest analysis for Lifco. Lifco’s strong quarterly results and plans for further acquisitions come as the stock shows renewed momentum, highlighted by a 15.1% 1-month share price return and a robust 16.9% total shareholder return over the last year. Investors clearly see both...
OM:WIHL
OM:WIHLReal Estate

Did Strong Q3 Results Just Shift Wihlborgs Fastigheter's (OM:WIHL) Investment Narrative?

Wihlborgs Fastigheter AB recently reported third quarter and nine-month results, with sales rising to SEK 1.10 billion and SEK 3.24 billion respectively, accompanied by significant increases in net income and earnings per share compared to the previous year. This robust improvement in both revenue and profitability highlights the company's enhanced operating performance and may reflect successful leasing activity and effective property management in the Öresund region. We'll now examine the...
OM:SCA B
OM:SCA BForestry

Will Lower Profitability Despite Higher Sales Reshape Svenska Cellulosa's (OM:SCA B) Margin Story?

Svenska Cellulosa Aktiebolaget SCA (publ) recently reported its third quarter and nine-month 2025 earnings, with quarterly sales of SEK4.99 billion and net income of SEK832 million, both lower than the same period last year. Despite higher sales over the nine months, overall profitability was down year-on-year, indicating that increased revenues did not fully translate into improved bottom-line results. We'll examine how the third quarter's decline in net income may influence SCA's...
OM:ADDT B
OM:ADDT BTrade Distributors

Rising Revenue and Earnings Could Be a Game Changer for Addtech AB (publ.) (OM:ADDT B)

Addtech AB (publ.) reported second quarter and six-month earnings results ended September 30, 2025, showing sales of SEK5.45 billion and SEK11.29 billion, respectively, with net income of SEK484 million for the quarter and SEK1.03 billion for the six months, both higher than the previous year. This marks a period of rising revenue and earnings, reflecting increased operational performance and potentially positive momentum in the company's ongoing activities. We'll explore the significance of...
OM:GRNG
OM:GRNGMetals and Mining

The Bull Case For Gränges (OM:GRNG) Could Change Following Q3 Sales Growth Amid Profit Dip and Weak Outlook

Gränges AB reported third quarter 2025 results showing sales of SEK 6,933 million, up from SEK 5,750 million a year earlier, but with net income declining to SEK 242 million from SEK 285 million. Despite forecasting continued weak demand in key markets, the company expects to achieve strong year-on-year sales volume growth through further market share gains in the fourth quarter of 2025. We'll explore how Gränges' guidance for robust Q4 sales volumes, despite sector headwinds, could reshape...
OM:HM B
OM:HM BSpecialty Retail

Is Recover’s Recycled Cotton Partnership Transforming the Sustainability Narrative for H&M (OM:HM B)?

Recover™ announced in late October 2025 a multi-year agreement with H&M to integrate its recycled cotton fiber, RCotton, into H&M’s product collections as part of their commercial rollout. This partnership enables H&M to scale the use of mechanically recycled cotton, reflecting both companies’ commitment to sustainability and reinforcing H&M’s innovation in responsible sourcing for industrial-scale apparel. We’ll explore how incorporating Recover™’s recycled cotton could enhance H&M’s...
OM:SAND
OM:SANDMachinery

Will Sandvik's (OM:SAND) Profit Increase and eNimon Launch Shift Its Sustainability Narrative?

In October 2025, Sandvik AB reported third-quarter results showing net income of SEK 3,538 million on sales of SEK 29,218 million, compared to SEK 3,237 million and SEK 30,306 million a year earlier. An interesting highlight was Sandvik's launch of the eNimon concept car, using it to emphasize the indispensable role of mining in supporting the global shift toward sustainable technologies. We'll now examine how Sandvik's increased profitability and sustainability messaging impact its overall...
OM:CAST
OM:CASTReal Estate

Does Castellum’s Profit Surge Signal a Sustainable Shift in Margins for OM:CAST?

Castellum AB (publ) reported earnings for the third quarter and nine months ended September 30, 2025, showing net income of SEK 858 million for the quarter and SEK 1.05 billion for the nine months, both higher than the previous year despite slightly lower sales. The company's substantial increase in profitability, especially the significant jump in net income and basic earnings per share compared to last year, stands out amid largely stable revenue. We’ll explore how Castellum’s sharp rise...
OM:BRAV
OM:BRAVCommercial Services

Bravida Holding (OM:BRAV): Evaluating Valuation as Profitability Improves Despite Lower Sales in Latest Results

Bravida Holding (OM:BRAV) just released its third-quarter earnings, revealing higher net income and improved earnings per share despite a dip in sales compared to last year. Investors seem focused on the company’s profitability gains. See our latest analysis for Bravida Holding. Bravida Holding’s improved profitability may explain why, despite a tough quarter for the broader market, the company’s 12-month total shareholder return sits at 7% while the share price is roughly flat year-to-date...
OM:MTG B
OM:MTG BEntertainment

Modern Times Group (OM:MTG B) Valuation Spotlight Following Launch of Major Share Buyback Program

Modern Times Group MTG (OM:MTG B) recently kicked off a significant share buyback program, following approval at its Annual General Meeting. The company intends to repurchase and cancel up to 10% of its shares over the next several months. See our latest analysis for Modern Times Group MTG. Modern Times Group MTG’s share price has attracted attention lately, climbing 13.98% over the past month and surging 31.75% so far this year. Strong total shareholder returns, up 66.78% over the last year,...
OM:SEB A
OM:SEB ABanks

How Lower Fee and Commission Income at Skandinaviska Enskilda Banken (OM:SEB A) Has Changed Its Investment Story

Skandinaviska Enskilda Banken AB (SEB) recently reported that its third-quarter net income fell to SEK 7.68 billion, down from SEK 9.45 billion the previous year, with earnings per share also lower for both the quarter and the nine-month period ending September 30, 2025. The primary drivers of the earnings decline were lower net fee, commission, and financial income, offsetting a small increase in net interest income, while SEB maintained low credit costs and a cost-to-income ratio of...