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38:26

We had the opportunity to interview Verve Group’s CEO, Remco Westermann...

19:33

CEO Jussi Vasama’s review at Digital Workforce’s Investor Day on March 19, 2026.

We view this order as a strong indication of GRK’s competitiveness in the Swedish market, and the North Bothnia Line may also offer future opportunities.

This is a new asset class for CapMan, but we do not see the need to make changes to our forecasts for the coming years.

Yesterday’s presentations provided deeper insight into the company’s positioning and competitive advantages in a market shaped by artificial intelligence. The company appeared more confident than before about the future and about continuing to resolve sales bottlenecks.

The one-percentage-point decline in capital adequacy was greater than expected and reduces flexibility in profit distribution.

Starbreeze announced on Wednesday that it has entered into a partnership with VICE Studios to develop film and television adaptations based on the PAYDAY franchise.

We believe revenue growth has remained soft in H&M’s Q1 (Dec-Feb), and we have therefore revised down our revenue estimates slightly. However, we still believe that supply chain efficiencies, good operational cost control and external margin tailwinds should continue to support profitability. In our view, the valuation levels are still elevated, and, given the ongoing topline concerns, we still view the risk/reward as unattractive. As a result, we reiterate our Sell recommendation and target price of SEK 155 per share.

In our view, the mandatory tender offer price of EUR 4.67 is modest and will not lead to taking Lemonsoft private.

Björn Borg has announced a three-year strategic partnership with the Swedish department store Åhléns and the Belgian department store Inno to develop and sell new lifestyle categories. The company estimates that the agreement, which includes existing business, will have a total retail value of 200–300 MSEK over the three-year term. In our view, the partnership is a logical step in Björn Borg’s strategy to broaden its brand presence and product offering, although the immediate financial impact is limited as the first launches are not scheduled until fall 2026. In addition, we have already factored in relatively high sales growth of around 6-8% for the coming years, and given the early phase of the partnership, we are not making any changes to our estimates at this stage, though the partnership could support our current estimates if successful.

We consider the new revenue target level to be more realistic.

We expect the company's earnings to have increased due to the expansion of its store network.

The new solution strengthens the product portfolio and supports our growth forecast.

On Tuesday, Sitowise announced its new mid-term strategic priorities and financial targets, as well as its new purpose and vision. These updates were expected, as the new management, which recently took office, aims to return the company to a path of profitable growth. In our estimation, the updated strategy is leading the company in the right direction, and the revised targets are more realistic than before. The release does not cause changes to our estimates or our view.

The Q4 earnings season in the IT services sector showed positive signs for the first time in a long while.

9:39

Aiforia’s H2 revenue growth originated in Europe, where the company has successfully promoted the adoption of clinical models.

We discontinue our coverage of Tecnotree as the company has terminated its research service agreement.

A sensible structural move that reinforces the naval growth thesis and group level margin path.

UB's investment story has improved significantly in recent years, and the longer-term growth outlook is attractive.