Kitron: Notice of Annual General Meeting on 24 April 2025 at 11:00 a.m. CEST

Kitron: Notice of Annual General Meeting on 24 April 2025 at 11:00 a.m. CEST (2025-04-03) The Annual General Meeting of Kitron will be held on Thursday 24 April 2025 at 11:00 a.m. CEST. The General Meeting will only be held as a digital meeting. All shareholders are invited to participate online. It will not be possible to attend in person. Shareholders may also vote in advance or submit a proxy with voting instructions. Further information on the matters on the agenda and the board of directors' proposed resolutions are set out in the attached notice. For further information, please ...

Kitron: Innkalling til ordinær generalforsamling 24. april 2025 kl. 11.00

Kitron: Innkalling til ordinær generalforsamling 24. april 2025 kl. 11.00 (2025-04-03) Ordinær generalforsamling i Kitron vil bli avholdt torsdag 24. april 2025, kl. 11.00. Generalforsamlingen vil kun holdes som et digitalt møte. Alle aksjonærer er invitert til å delta på nett. Det vil ikke være mulig å delta ved personlig fremmøte. Aksjonærer kan også forhåndsstemme eller sende inn fullmakt med stemmeinstruks. Nærmere informasjon om saker på agendaen og styrets forslag til vedtak for de enkelte saker fremgår av vedlagte innkalling. For ytterligere informasjon, vennligst kontakt: Cathri...

Positive PW for '25 and raised long-term targets

Takeaways from WindEurope

At the WindEurope event in Copenhagen, we met with companies representing approximately 75% of the global offshore wind installation fleet, gaining insights that support a constructive outlook for the sector. Addressing recent investor concerns related to market growth, the industry has already reflected and anticipated recent downward adjustments in third-party forecasts. With respect to a slowdown ahead in the US market, a second investor concern lately, near-term vessel demand could surprise to the upside, while the industry participants were not concerned that vessels currently in the US m...

Europris (Buy, TP: NOK90.00) - Well-equipped for a harsher climate

Q1 earnings were below expectations, partly due to negative currency hedging effects in Norway and Sweden, and continued weakness in Sweden. However, we believe Europris is well-positioned for the current market climate and expect a successful turnaround in Sweden by 2028. We reiterate our BUY as we continue to find the valuation attractive, but have cut our target price to NOK90 (95) on lowered estimates.

The weekly navigator

From the past week, we highlight: 1) we are encouraged by the return of Cristina Stenbeck as chair of Kinnevik, and believe it could result in a lower discount to NAV; 2) VEF completed a milestone partial exit of Juspay at a 37% IRR, putting it on track to pay down debt and repurchase shares at a 50% discount to NAV in the near term; and 3) for Industrivärden, we recently reiterated our HOLD and lowered our target price to SEK345 (400), as we see risk to the earnings outlook of its portfolio companies. The weekly navigator will be off next week.