LHV Institutional Weekly Review, December 23rd, 2020
* MADARA Cosmetics (MDARA LR) updated management revenue guidance* Nordecon (NCN1T ET) dividend announcement
* Key metrics for stocks covered.
Nordecon AS began operating as a construction company in 1989. Co.'s business strategy has been underpinned by focusing on general contracting and project management and a policy of maintaining a balance between building and infrastructure construction. Co. has extended its offering with activities which support the core business such as road maintenance, concrete works and other services that provide added value, improve operating efficiency and help manage risks.
LHV Bank is an independent pan-Baltic bank, based on Estonian capital. The company was founded in 1999 by two founders of Hansapank (today’s Swedbank in the Baltics) and has been offering a full range of investment services for 15 years. In May 2009, LHV received a credit institution licence allowing it to provide all banking services.
The head office is situated in Tallinn, Estonia. Cross-border services are offered in Vilnius, Lithuania and in Riga, Latvia. LHV provides brokerage (institutional and retail), asset management, banking and capital markets services. Compared to other banks, we are more innovative and have more solid experience in investment and entrepreneurship.
The Bank, together with the Group asset management company employs over 320 people. LHV Group shares are listed on Nasdaq Tallinn.
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