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Inderes' Model Portfolio is a real money equity portfolio that invests in Finnish equities. The starting capital of 50 000 euros has multiplied since the launch in 2011. Analyst Sauli Vilén gives a quick introduction to the content of the portfolio and...
Extensive company reportJoni Grönqvist2022-06-29#Innofactor
Innofactor's turnaround progressed convincingly for a couple of years, driven by a strong Finnish business. Last year, earnings growth stopped and now the company seeks return to growth. Innofactor revised its organizational structure last year and refined...
We are the first ones to admit that ESG, as a topic, suits well in the “larger than life” category. In this video Karolina Loikkanen, head of ESG solutions at Inderes, gives an introduction on how to approach the subject, and where to begin when searching...
We have increased our short-term earnings estimates particularly for the Oil Products segment, reflecting the favorable market situation. However, we haven’t made any changes to our longer-term forecasts, as we don’t expect the sharp rise in the refining...
Fortum's situation is still confusing due to the European energy crisis resulting from Russian military action, but we believe that the likelihood of a rapid exit from Russia has improved. In addition, with Germany’s Energy Security Act, Uniper's worst...
Company reportAntti-Pekka Viljakainen2022-06-14#Stora Enso
Stora Enso issued a positive earnings revision yesterday for the current year, but the expected revision did not change estimates much. We feel the risk of Stora Enso’s cyclical earnings peak approaching is significant, which we believe the market is...
Sampo is a Nordic insurance business group known for its high dividend yield and excellent underwriting performance. The company has recently made a transformation from a conglomerate to a pure insurance business with operations in the Nordic and Baltic...
Extensive company reportPetri Gostowski2022-06-13#Alma Media
Most of Alma Media's income streams are generated by digital businesses with excellent competitiveness and strong market positions. Considering these factors, we believe the company has rather good conditions for long-term value creation. This is also...
ESG is a broad area, covering e.g. equality issues, human rights and the environment. The elements are value-laden and there is no reasonable way to determine which ESG issues are more valuable than others. However, I think it is worthwhile for investors...
