Positive surprises from listed companies

Kauppalehti reports that listed companies reported better-than-expected Q3 results and notes that the forest industry, which was labelled a “sunset industry” has been a particularly positive surprise, which is reflected in results announced by UPM and Stora Enso. The positive trend in the forest industry has also had a favourable impact on the results of Valmet and Ponsse.
Earnings season has brought a pleasant surprise
Large listed companies ordering the load was further reinforced Asia, especially China. For example, the machine was about 40 per cent of new equipment orders from China.
Large listed companies ordering the load was further reinforced Asia, especially China. For example, the machine was about 40 per cent of new equipment orders from China.

The results have improved more than expected in the third quarter, but a total turnover decreased slightly.

Third-quarter figures show that profitability has improved well over half of the 70 listed companies to disclose their results.

The combined revenues of 33.7 billion euros, of which amounted to about ten percent of operating profit.
Improved by a few percent compared to the previous year, which can be considered as a positive sign. A number of companies, however, sales declined.

Interim reports can be read that the clearest indicator of profitability, ie profit after financial items improved by 44 or 63 percent by Thursday its net profit ended up talking about the company.

The average improvement was about six per cent. The level was above analysts' forecasts. Some of the listed companies updated at the same time during the current year forecast, saying revenue decline, but with improved profitability.

The forecast says that the cost cutter supports the profitability of the market, where the order bookings have left many companies to consolidate. Multi-medium-sized listed company anticipates a plus in operating profit in addition to revenues.

Diversified group of Aspo almost tripled the results. Aki Ojanen, CEO says that the multi-disciplinary nature brings benefits for both profitability and revenue over the cycle.

"The Group's divisions are able to move in a growth-oriented in different market conditions and the market. Aspo has been successful in Europe and the East, all the way down, "Ojanen more. Aspo predicts that the profit will be further strengthened significantly.

By activity distribution can be inferred that the machinery and equipment industry was able to increase their profitability, though far cost-saving through. Engineer house Etteplan was in part the machinery and equipment design, which is to buy a particular wood processing industry.

Etteplan's result improved by more than 40 percent and operating profit of more than 30 per cent. Managing Director Juha Nix says that Etteplan has been able to take more market share.

"The company's work process is accelerated and the costs of pruning is continuous, although we have hired more people. China will go fast obliquely upward, which supports the viability of "Näkki more.

Wood technology in the field of Raute also anticipate improvement in the current year's net sales and operating profit. Profitability was supported by both cost cutting as the operational business goes. "I do not like the prospects so terribly grim. The move is large-scale projects, but the progress of the plants will take time, "Raute's CEO Tapani Kiiski says. The company's order book is tukevoitunut about 40 percent a year ago.

Sunset in the forest industry as an area labeled a welcome surprise, as reflected, inter alia, UPM and Stora Enso's figures. The paper of their machines known as Valmet confirmed in January-September, its order backlog by as much as 50 percent compared with the Metso-time. Hard through the course of the current drawn Valmet expects net sales to decline and performance improves.

Forestry is responsible for the shout joyfully Ponsse. Spare the manufacturer had to lift profitability above a furious pace. Ponsse quadrupled the result after financial items. The order book tukevoitui 60 per cent.

Large listed companies ordering the load was further reinforced Asia, especially China. For example, the machine was about 40 per cent of new equipment orders from China.

Kone and Wärtsilä are the results of seven per cent ahead of last year's January-September level. Wärtsilä to stick around five per cent growth in net sales.

Both companies' share prices have, however, beginning of the year remained essentially in place. For comparison it may be mentioned Aspo, and its shares are listed approx 16 per cent of the year.

Lastinkäsittelylaitteistaan ​​known Cargotec's result improved by almost a third, but enough to catch up. Cargotec is the result of the level of about one-quarter lag behind last year, and Konecranes industrial cranes at the same level as last year's result. Both confirmed tilauskertymiään.

Number of listed companies net sales continued to accumulate up to half of Europe, which purchases remained more or less stable. Europe is partly explained by the slow pace of revenue growth.

Workshops to the mining industry downturn weighed Metso Group, which is the result of decreased by almost a third in the third quarter. The company's shares have risen by about five per cent of the year. Metso is the light of the figures held up their ordering with respect to the mining industry pudotukseen.Verkkoyhtiö Nokia raised its earnings by more than 50 per cent and, for example, Vaisala more than 300 per cent.

Sorpresas positivas de las sociedades cotizadas
Kauppalehti informa que las sociedades cotizadas informaron de lo esperado mejores resultados del 3T y señala que la industria forestal, que fue etiquetado como un "sector de la puesta del sol" ha sido una sorpresa muy positivo, que se refleja en los resultados anunciados por la UPM y Stora Enso. La tendencia positiva en la industria forestal también ha tenido un impacto favorable en los resultados de Valmet y Ponsse.


Kauppalehti   FINLANDIA - 31 octubre 2014