DSV, Lundbeck, Salmar, Siem Offshore: Nordic Equity Preview
The following companies may have unusual price changes in Nordic trading. Stock symbols are in parentheses and share prices are from the previous close.
The Dow Jones Nordic 30 Index, a measure for the region, lost 93.05, or 1.3 percent, to 7,380.29 yesterday. The OMX Stockholm 30 Index also fell 1.3 percent, while the OMX Copenhagen 20 Index dropped 0.7 percent. The OMX Helsinki 25 Index slid 2.1 percent. Norway’s OBX Index decreased 0.3 percent.
DOF ASA (DOF NO): The Norwegian owner of supply and specialty ships for the energy industry reported a fourth- quarter net loss of 119 million kroner ($21.1 million), compared with a year earlier profit of 83 million kroner. Operating income rose to 1.57 billion kroner from 1.16 billion kroner. The shares rose 2.7 percent to 56.5 kroner.
DSV A/S (DSV DC): The Nordic region’s biggest trucking company reports full-year earnings. The shares fell 0.8 percent to 113.20 kroner.
H. Lundbeck A/S (LUN DC): The maker of the Lexapro antidepressant drug reported fourth-quarter net income of 238 million kroner ($43.8 million) compared with an average estimate of 266 million kroner in a Bloomberg survey of five analysts. The shares rose 0.1 percent to 117.10 kroner.
Salmar ASA (SALM NO): The Norwegian salmon farmer reported fourth-quarter net income of 336.6 million kroner compared with 141.5 million kroner a year earlier. Operating income jumped to 1.15 billion kroner from 756.5 million kroner. The shares rose 2 percent to 64.25 kroner.
Siem Offshore Inc. (SIOFF NO): The Norwegian offshore oil- services company reported fourth-quarter net income of $4.1 million, compared with $14.7 million a year earlier. Sales rose to $60.9 million from $49.2 million. The shares rose 1.4 percent to 10.70 kroner.
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