Norrhydro Group

The Board will return EUR 0.02 per share in capital, even though the company's hybrid bond interest rate is as high as 10%.

Norrhydro's Q1 earnings were clearly better than we expected, and strong cash flow supported the company's financial position.

Norrhydro's Q1 profitability was significantly better than we expected.

Effekterna av den ökade inflationen och makroriskerna kommer sannolikt inte att synas i Q1-siffrorna ännu, men osäkerheten kring efterfrågan har ökat för resten av året.

Earnings turnaround facilitates balance sheet strengthening and lowers the earnings-based valuation.

Profitability and cash flow were stronger than expected. The guidance was in line with expectations.

Conventional cylinders drive the equity story.

The position of NorrDigi director will be discontinued as the current director moves to another company.