Framery, which produces soundproof office pods, surged 15.4% to EUR 7.73. Revenue remained at EUR 58.4 million, while earnings per share increased to EUR 0.13. CEO Samu Hällfors said, “Organic growth in the first quarter, excluding our largest customer, was an excellent 15.2%.” Framery is doubling down on building its first factory in the US this year to serve the North American market.
Kreate, an infrastructure construction company, gained 9.4% to EUR 18.65. Revenue increased to EUR 97.6 million from EUR 52.4 million, marking a record quarterly revenue, while its order backlog rose to EUR 689.0 million, also a record level. CEO Timo Vikström said this represents “an entirely new level in the company’s history.”
Wulff, which provides workplace services and office supplies, rose 6.4% to EUR 3.47. Net sales grew 16.0% to EUR 31.5 million, and comparable operating profit increased to EUR 0.9 million. CEO Elina Rahkonen said the comparable operating profit more than doubled.
Aspo, a conglomerate focused on shipping and chemicals distribution, declined 2.5% to EUR 6.22, reflecting a decline in revenue. Net sales decreased to EUR 114.1 million from EUR 116.0 million, while comparable EBITA from continuing operations was EUR 7.1 million. CEO Rolf Jansson said, “ESL Shipping’s performance suffered from the challenging market and operating environment.”
Tomorrow, investors can expect to digest the interim reports of Wärtsilä, Valmet, and Lindex.
