Following an intensive morning of corporate reporting, the Stockholm Stock Exchange is expected to open Wednesday’s session mixed.
U.S. President Donald Trump has ordered preparations for a long-term blockade against Iran to pressure the country on the nuclear issue, the Wall Street Journal reports, citing sources.
Euro Stoxx 50 futures are up 0.17 percent, FTSE 100 futures are down 0.15 percent, and DAX futures are up 0.19 percent.
U.S. S&P 500 futures are gaining 0.18 percent.
The earnings season peaks this morning with interim reports from several major listed companies.
Two major banks have presented their figures. SEB performed in line with expectations, which included lower revenue and operating profit on a year-on-year basis. Swedbank reported an operating profit that was more than 8 percent lower than anticipated.
Automaker Volvo Cars’ operating profit fell to SEK 1.6 billion in Q1, which was better than the expected SEK 1.0 billion. Car sales decreased by 11 percent.
Construction company NCC reported an operating loss of SEK -237 million in Q1, worse than the expected SEK -198 million. Net sales were also lower than forecast. The company noted that the winter was somewhat harsher than normal.
Pharmaceutical company AstraZeneca’s Q1 figures were in line with consensus. The company reiterated its outlook for 2026.
Vehicle manufacturer Traton reported lower-than-expected revenue in Q1. However, adjusted operating profit was higher than forecast. Order intake increased by 18 percent.
Investment company Latour reports a net asset value of SEK 203 per share as of March 31 (213). This compares with SEK 216 per share at the turn of the year.
Medical technology company Medcap’s EBITDA rose nearly 30 percent to SEK 127.3 million.
Biotechnology company Bico reported double-digit organic growth in Q1. The strong growth is primarily attributed to sales of desktop instruments in non-academic segments.
Brand company Björn Borg’s operating profit increased by over 38 percent to SEK 47 million.
Gaming entertainment company MTG expects full-year pro forma revenue growth of 5-8 percent for 2026 and an adjusted EBITDA margin for the group of 22-24 percent.
Online pharmacy Apotea’s EBITDA increased nearly 21 percent to SEK 155.3 million.
Gaming company Stillfront’s adjusted EBITDA reached SEK 311 million, which was lower than expected.
Fiber communications company Hexatronic’s adjusted EBITA was slightly higher than expected, amounting to SEK 146 million.
Veterinary company Vimian’s adjusted EBITA amounted to EUR 29.2 million, which was better than expected.
Leisure products company Thule’s adjusted operating profit increased slightly more than expected to SEK 424 million.
Several rating changes were also noted.
SB1 Markets downgrades Hexpol to neutral from buy. The price target is lowered to SEK 85 from 92.
DNB Carnegie downgrades Storytel to hold from buy. The price target is lowered to SEK 101 from 102.
