Tire manufacturer Nokian Tyres was the strongest performer in the index, rising 6.9% during the week as of this afternoon. The company recently reported first-quarter 2026 net sales of EUR 279.6 million, up 3.8% year over year, while operating profit improved significantly. CEO Paolo Pompei said the company achieved its fourth consecutive quarter of year-over-year growth and reaffirmed its 2026 guidance.
Steelmaker SSAB gained 6.4%, while software company Qt Group advanced 6.1%. In April, Qt announced a broad operational reorganization aimed at improving efficiency and capturing acquisition synergies. The company expects annual cost savings of around EUR 20 million, fully realized by 2027.
Hiab climbed 5.9% after securing a EUR 37 million order in the United States for MOFFETT truck-mounted forklifts from a home-improvement-sector customer. Deliveries are expected to begin in the fourth quarter of 2026. Mining technology company Metso also posted a 4.1% gain.
On the losing side, Neste dropped 9.9% after reaching its year-to-date high on Monday. The renewable fuels producer recently reported a sharp improvement in first-quarter earnings. Comparable EBITDA more than quadrupled to EUR 861 million, while net profit reached EUR 533 million compared with a loss a year earlier.
Telecom equipment maker Nokia fell 8.7%. In April, the company reported first-quarter comparable net sales growth of 4% to EUR 4.5 billion and maintained its full-year outlook. Moreover, utility company Fortum lost 4.8%, while Elisa slipped 1.5%.
