NORDIC DAYBOOK: Elisa 4Q Net Income Beats Analyst Estimates

Elisa Oyj, a Finnish telecommunications company, reported fourth-quarter net income of 51.4 million euros, beating the 46.2 million-euro mean estimate of 14 analysts surveyed by Bloomberg.


WHAT TO WATCH: * Nokia CEO Stephen Elop unveils his strategy to investors in London at 11 a.m.

MARKETS: * Nasdaq OMX Helsinki 25 Index fell 0.7% to 2,685.58 * The OMX Stockholm 30 Index fell 0.7 percent to 1,127.00 * Oslo’s OBX Index fell 0.5% to 398.25 * The Copenhagen 20 Index fell 1.3% to 462.1 * Swedish krona -- U.S. 6.4978 - EU 8.8148 * Norwegian krone -- U.S. 5.8538 - EU 7.9396

EARNINGS: * Elisa (ELI1V FH) reported 4Q net EU51.4m vs est. EU46.2m * SSAB 4Q at 8:00 a.m.; net est. SK45.7m loss * Boliden 4Q at 12:00 p.m.; net est. SK1.31b * Huhtamaeki (HUH1V FH) 4Q, 7:30 a.m.; net est. EU18.9m * Oriola-KD (OKDBV FH) 4Q, 7:30 a.m.; net est. EU23.9m * Tikkurila (TIK1V FH) 4Q, 8 a.m.; net est. EU20m * Clavis Pharma (CLAVIS NO) 4Q at 7 a.m. * Pronova BioPharma (PRON NO) 4Q at 7 a.m.; net est. NK4.95m * TotalBanken (TOTA DC) FY

BLOOMBERG TV: * Stephen Elop, Nokia CEO, interview at 12:21 p.m.

ECONOMY: * Finland December retail sales volume, 8 a.m.

GOVERNMENT: * Hearing on management salaries at government-owned companies in Norway at 10 a.m. Norsk Hydro Chairman Terje Vareberg, Statoil Chairman Svein Rennemo and Norway’s Trade and Industry Minister Trond Giske attending. * Finland’s Economy Minister Mauri Pekkarinen receives a report on mining industry funding, 9 a.m.

To contact the editor responsible for this story: Gelu Sulugiuc at

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