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Research

We do not take a stance on the dispute

By Petri GostowskiCo. Head of Research
Afarak Group
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We have continued to clarify the dispute between Afarak’s owners. We have concluded that we cannot reliably evaluate the matter’s potential juridical consequences or its outcome. In this exceptional matter, the share’s price may not be tied to the company’s fundamental value. We will continue research on Afarak and we will continue to evaluate the company’s operations. However, we do not see it justifiable nor do we have the required information to be able to take stance on the dispute or evaluate the matters consequences. Therefore, we do not give the share a recommendation or a target price (prev. Reduce / 0.75 eur).

Afarak Group operates in the manufacturing industry. The company specializes in the production and development of specialized alloys and chromium solutions for industrial components. The products are sold globally through its own sales and marketing channels. Customers are found in the automotive, aerospace and nuclear industries. The company is headquartered in Helsinki.

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Inderes’ Disclaimer can be found here. Detailed information about each share actively monitored by Inderes is available on the company-specific pages on Inderes’ website. © Inderes Oyj. All rights reserved.