Report
Johannes Grunselius ...
  • Martin Arnell
  • Miika Ihamaki
  • Ole-Andreas Krohn
Underlyings
Kesko Oyj Class B

Kesko is a provider of trading sector services. Co.'s reportable segments are: food trade, which comprises the wholesale and B2B trade of groceries in Finland and the grocery trade in Russia; home and speciality goods trade, which comprises Co.'s K-citymarket Oy subsidiary's home and speciality goods; building and home improvement trade, which includes Co.'s Rautakesko Ltd's subsidiary's wholesale and B2B sales in the building and home improvement and agricultural trade in Finland, and the trade in Sweden, Norway, the Baltic countries, Russia and Belarus; and car and machinery trade, which comprises the business operations of Co.'s subsidiaries, VV-Auto Group Oy and Konekesko Ltd.

Metsa Board Oyj Class B

Metsa Board is a European producer of folding boxboard and white fresh forest fibre linerboard and a market pulp supplier. Co. and its subsidiaries comprise a forest industry group, which operations are organized into two business segments: Cartonboard and Lineboard and Paper. The Cartonboard business area is a manufacturer of folding boxboards. The business area also provides packaging services in Asia. The Linerboard and Paper business area is a manufacturer of coated white fresh forest fibre linerboards and producer of uncoated fresh forest fibre linerboards. The Linerboard and Paper business area also manufactures uncoated fine papers mainly for office end-use as well as coated papers.

Paradox Interactive AB

Paradox Interactive AB (publ) is a Sweden-based company engaged in the development and publishing of personal computer (PC)-based strategy games. The Company's portfolio includes PC franchises such as Europa Universalis, Crusader Kings, Victoria and the Hearts of Iron series, as well as titles on other platforms such as Lead and Gold: Gangs of the Wild West released on PlayStationNetwork for the PlayStation3 and Defenders of Ardania on iPad as well as PC. Paradox Interactive has offices in Umea and Stockholm, Sweden. Additionally, the Company works with a number of distributors worldwide and is present on several digital download portals. It owns numerous subsidiaries, among which is Triumph Studios.

Provider
DnB Markets
DnB Markets

DNB Markets is the investment banking arm of DNB Bank ASA and is focused primarily on the Nordic region, as well as internationally on niches such as global shipping, energy and related services, and seafood. DNB Markets offers services in FICC, Equities and Investment Banking advisory from offices in Oslo, Stockholm, London, Singapore and New York. Equity research coverage is offered on c250 Nordic companies. DNB was ranked no.2 in Extel Nordic Research 2017. The DNB Markets’ Credit and FICC Macro & FX Research teams are repeatedly highly rated by Prospera Nordic Institutional Investor Surveys.

 

Analysts
Johannes Grunselius

Martin Arnell

Miika Ihamaki

Ole-Andreas Krohn

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