Baltics: earnings summary 17. May
The OMX Baltic index fell by 2,43% over the last 10 days, reflecting market uncertainty. At the same time, the earnings season has highlighted clear differences between sectors: the technology and financial sectors are showing strong growth, while utility and transport companies are grappling with rising costs.
SAF1RSAF Tehnika (SAF1R)
SAF Tehnika delivered a powerful result, turning a loss into a profit thanks to explosive sales growth in Europe, which more than tripled. The strong report confirmed that the spring improvement was not a one-off, but that demand has permanently improved. The stock reacted strongly to the news, rising +19,89% over the week and reaching a new 52-week high.
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