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Cityvarasto shares fell 12.5% to EUR 16.15 in the afternoon, following a notification of a major shareholder cutting its holdings.
Ferncliff TIH AS reduced its indirect holding to 7.28%, equal to 584,403 shares, crossing below the 10% threshold, the self-storage company announced in a press release. Ferncliff is an Oslo-based investment company.
In contrast to Cityvarasto’s stock price slump, the OMX Helsinki 25 index rose 0.26% to 6,180.80, gaining 16.04 points.
Cityvarasto previously reported 2025 revenue of EUR 27.1 million and adjusted EBITDA of EUR 12.1 million, both exceeding its guidance.
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