[Earnings wrap] CapMan jumps, Luotea slides as Helsinki market advances

Business

[Earnings wrap] CapMan jumps, Luotea slides as Helsinki market advances

May 6, 2026

Helsinki-listed companies reporting first-quarter earnings traded mixed today against a firmer broader market, with the OMX Helsinki 25 index up 0.9% in the afternoon.

Private equity investor CapMan led gainers, climbing 7.2% after reporting a 22% increase in fee income to EUR 15.9 million and a 48% rise in fee profit to EUR 2.2 million. Assets under management remained stable at EUR 7.2 billion, while operating profit slipped to EUR 5.6 million from EUR 6.9 million a year earlier.

“We continue to deliver on our growth strategy,” CEO Pia Kåll said, citing fundraising momentum and expansion into European infrastructure debt.

Nordic property and casualty insurer Sampo outperformed the benchmark with a 3.3% rise after lifting its 2026 underwriting result outlook and launching a EUR 350 million share buyback program. Operating result rose 17% to EUR 347 million, while underwriting result increased 10% to EUR 368 million, and insurance revenue climbed 8% to EUR 2.36 billion. Reported net profit fell to a EUR 46 million loss due to market volatility.

Food company HKFoods also beat the OMX Helsinki 25, rising 1.4% after comparable EBIT improved 23.7% to EUR 5.7 million on stronger retail and food service sales. Net sales grew 3.8% to EUR 242.5 million, and the company maintained its guidance for comparable EBIT growth in 2026.

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By contrast, wine and spirits group Anora underperformed sharply, falling 6.5% despite a 9.7% increase in comparable EBITDA to EUR 8.8 million. Net sales declined 4% to EUR 135.8 million as Nordic alcohol markets remained weak.

Facility services provider Luotea was the weakest performer in the group, dropping 7.5% after adjusted EBITA edged down to EUR 0.3 million and operating profit widened to a EUR 0.4 million loss. The company nevertheless reiterated its outlook for adjusted EBITA growth in 2026, saying the turnaround in Sweden was progressing as planned.

Authors

Emmi Laine

Emmi Laine is head of business content at Listeds and our lead for finance and business coverage. She sets the editorial agenda, interviews Nordic business leaders, and writes stories, newsletters, and social content on timely market and corporate topics. Emmi brings nearly eight years of experience from Shanghai's Yicai Global / Yicai Media Group, where she was awarded for reporting on China’s economy, finance sector, and technology innovation. She holds an MSc in Innovation and Entrepreneurship from ESADE Business School in Barcelona and a Master’s degree in International Design Business Management from Aalto University. She also holds a Bachelor’s degree in Culture Studies with a major in Journalism from Stockholm University and has studied Mandarin Chinese and Chinese culture. Emmi is a Finnish citizen and has lived in Finland, Sweden, China, and Portugal.