Helsinki Stock Exchange Reports a 0.5% Decline in General Index, Metsä Board Announces Investment, and Spinnova Dismisses Eight Positions

On the Helsinki Stock Exchange, the general index closed down by 0.5 percent at 9925.34 points. The most traded stock of the day was Nordea bank, with its share price declining by 2.5 percent to 10.98 euros. The majority of the most traded shares were in a downward direction, but some companies like Dovre Group and Aiphoria saw positive results.

Dovre Group’s share price increased by 7.4 percent to 0.33 euros, while Aiphoria signed a new contract with a US veterinary company. Other companies such as Elecster, Tokmanni, and Viking Line also announced dividends.

Metsä Board revealed its decision to invest in the renovation of Simpele’s folding carton machine, with the investment valued at approximately EUR 60 million spread over the years 2024–2026. Spinnova concluded its change negotiations resulting in the dismissal of eight positions, aimed at supporting the efficient implementation of the company’s updated strategy and reducing fixed costs.

Real Estate Investment company Avaro acquired a shopping center property in Jyväskylä for seven million euros. Outokumpu finalized negotiations for restructuring its German operations, impacting 200 company employees.

Capman Buyout managed funds agreed on the sale of Havator Group to a Danish-Norwegian joint venture. Kone reported an improved adjusted operating profit, while Fodelian and Siili Solutions experienced changes in their operating results and turnover.

In summary, while many companies saw negative financial results on the Helsinki Stock Exchange today, there were also some positive outcomes such as Dovre Group’s growth and Aiphoria’s new contract signing.