contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  createdAt
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
    forum {
      threadUrl
    }
    defaultInstrument {
      symbol
      id
    }
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  createdAt
  changedAt
  isPremium
  authors {
    __typename
    name
    pageUrl
    id
  }
  companies {
    name
    pageUrl
    id
  }
  tags {
    name
    id
  }
  ... on Video {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
  ... on Webcast {
    liveTime
    videoUrl
    videoEmbedUrl(location: "inderes")
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        threadUrl
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        symbol
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
      researchContentUrl
      researchContent {
        title
        lang
        pdfUrl
        relatedContent {
          __typename
          ...PublishingDetails
          ...Reactions
          id
        }
        content {
          title
          lang
          htmlBody
          publishedAt
          createdAt
          changedAt
          isOutdated
          isPremium
        }
      }
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


aspo-favourable-market-environment-for-telko-nordea

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

changedAt

Aspo operates in the transport and logistics industry. The company is run as a conglomerate with the vision of being an active player in the acquisition and development of companies, mainly in the growth markets of Eastern Europe. The industries in which the company has interests include, for example, the grocery retail, industry, and the IT sector. The headquarters are located in Helsinki.

Kassu and Sale have published a new company report on Aspo following the Q2 results   Aspo’s Q2 report was very strong, thanks to Telko’s excellent operational performance. However, the biggest news of the day was that Aspo officially announced it will split into two companies. We are raising our target price to EUR 7.4 (previously EUR 7.2), reflecting positive estimate revisions. The stock’s valuation level is not high at the current price, and in our opinion, the split is definitely the right step to maximize the value of the company’s components.                    Inderes              Aspo Q2'26: Kohti erillisiä yhtiöitä - Inderes    Aspon Q2 oli operatiivisesti vahva ja lisäksi yhtiö vahvisti jakautuvansa kahdeksi yhtiöksi vuoden lopussa.

Sale interviewed Aspo CEO Rolf Jansson regarding Q2    Topics: (00:00) Q2 highlights  (00:37) ESL receiving a boost from tariffs  (01:11) ESL’s other customer segments  (01:48) ESL’s profitability declined  (02:31) How can ESL’s profitability be improved?  (03:26) Telko’s record result  (05:25) Has demand for Telko been pulled forward?  (06:19) Telko’s customer demand  (07:09) Is the guidance conservative?  (08:09) Aspo to split into Telko and ESL  (09:43) ESL’s financial targets  (10:43) Telko’s investor profile  (11:44) Acquisition targets for Telko  (13:00) Telko shares as a currency for potential acquisitions  (13:40) The split will take place on December 31st

That was quite an earnings beat. The report tried to temper expectations by saying that Telko’s high Q2 profit level is unlikely to be maintained, but regarding the rest of the year, it is positive that the higher oil price level will apparently be reflected in the bottom line in the coming quarters as well (Brent, mentioned as an indicator to watch in the webcast, is still +12% YoY this far into Q3). Insiders were loading up at these levels last year, so it remains to be seen if the buying continues now that the plan to list ESL has been revealed, or if there are still other insider projects underway to sell ESL.

GlobeNewswire News Room – 3 Aug 26              Aspo Plc’s Half-year Financial Report, January 1 – June 30, 2026: Substantial...    Aspo Plc Half-year Financial Report August 3, 2026 at 9.00 EESTAspo Plc’s Half-year Financial Report, January 1 – June 30, 2026: Substantial profit...                             yippee! and the demerger plan is moving forward:                   GlobeNewswire News Room – 3 Aug 26              Inside information: The Board of Directors of Aspo Plc has approved a...    Aspo Plc                Inside information                3 August 2026 at 8:50 EEST  Inside information: The Board of Directors of Aspo Plc has approved a...

Kassun pre-commentary ahead of Aspo reporting its Q2 results on Monday, Aug 3rd.   We expect ESL’s result to have remained weak due to drydockings and persistently modest transport demand. From Telko, on the other hand, we expect a good result supported by price increases.                    Inderes – 24 Jul 26              Aspo Q2'26 -ennakko: Telakoinnit painavat varustamon tulostasoa - Inderes    ESL Shippingin telakoinnit painavat Q2-tulosta, vaikka Telko hyötyy ennusteissamme nousseista hinnoista.

Actually, I know at least part of the right answer to this, which is that I sold all my Aspos (30k shares) off. It’s cheap, but Optomed and Sanoma just interested me more. Signed, a gambling-addicted narcissist.

The trading volume over the last three days has been exceptionally high. Q2/26 should not be a reason for front-running the stock, so a speculator might wonder if decisions regarding Aspo’s future have been made and if information has leaked. There is no actual news regarding Aspo, but the investment case relies heavily on the promised arrangement during 2026. Q2/26 will be published on August 3rd.

Aspo

Q2 net sales and clean EBITA were above our expectations. Favourable pricing supported the Telko segment, but the market environment has remained somewhat soft in the ESL Shipping segment. Aspo...

Q2 net sales and clean EBITA were above our expectations. Favourable pricing supported the Telko segment, but the market environment has remained somewhat soft in the ESL Shipping segment. Aspo maintained its outlook, guiding for a y/y EBITA improvement in 2026. The company's guidance is not challenging, and we believe Aspo could even upgrade it in H2 2026. Our new estimates support a broader fair value range of EUR 7.1-8.7 (6.7-8.2), based on an equal weighting of our DCF, P/E and SOTP valuations. Aspo was not able to sell the ESL Shipping segment at high multiples; therefore, no immediate value creation has materialised yet. In addition, the Telko segment is performing strongly in 2026, but similar adjusted EBITA margins might not be repeated in 2027. The Telko segment has a &gt;12% annual average growth target for 2026E-30E, and its value creation is partly dependent upon acquisition prices and execution of its compounder strategy.

Aspo: Favourable market environment for Telko - Nordea

Aspo: Favourable market environment for Telko - Nordea