Over the past two years, Siili has created a basis for the company’s next growth stage. The new, more focused strategy targets stronger growth and internationalization both in terms of the Core business, as well as the Portfolio units. According to our view, the company still has work to do in fixing the profitability base of the Core business. At the current share price, Siili offers investors growth driven by the digitalization trend at a reasonable price. We reiterate our Accumulate recommendation and EUR 13 target price.

Siili Solutions Oyj, Press release, January 17, 2019

Siili Solutions Oyj will make a seed investment in RoboCorp Technologies, Inc., a new startup focused on developing a cloud-based platform for license-free open source robotic process automation.

The CEO of RoboCorp Technologies, Antti Karjalainen, will move on from the position of a Business Director at Siili to a full-time CEO of RoboCorp at the end of summer 2019. RoboCorp will operate in both San Francisco and Helsinki.

Olisiko mielestänne toimialahajautuksen periaatteen vastaista, jos sijoittaisi sekä Innofactoriin että Siiliin? Ovatko ne toistensa suoria kilpailijoita? Jos toinen nousee, niin laskeeko toinen, vai riittääkö kokonaismarkkinan kasvusta molemmille?