Swedish stocks: Seen opening unchanged, Hexagon Q1 profit just below forecasts

AcadeMedia AB

07/05/2019 07:52

** Swedish shares seen opening unchanged on Tuesday in line with European
markets
    ** Asian shares staggered up from five-week lows on Tuesday but remained
fragile after U.S. President Donald Trump's latest threat to raise tariffs on
Chinese goods shocked financial markets and fueled worries that trade talks may
be derailed
    ** Hexagon  HEXAb.ST  grew quarterly sales and core earnings slightly less
than forecast held back by continued weakness in its public safety business
 urn:newsml:reuters.com:*:nFWN22I0ZB
    ** HSBC raises its recommendation on Tele2  TELE2b.ST  to buy, lifts price
target to SEK 142 from SEK 105
    ** Credit Suisse cuts its recommendation on Boliden  BOL.ST  to underperform
from neutral
    ** DNB Markets cuts its recommendation on MTG  MTGb.ST  to hold from buy,
according to news agency Direkt
    ** Betsson  BETSb.ST  Q1 EBIT up at SEK 255.2 mln  urn:newsml:reuters.com:*:nFWN22I0YX
    ** Nent  NENTb.ST  Q1 operating profit rises  urn:newsml:reuters.com:*:nFWN22I0YZ
    ** Scandic Hotels  SHOTE.ST  Q1 adjusted EBITDA at SEK 160 mln, below
estimates  urn:newsml:reuters.com:*:nFWN22I0Z1
    ** Odd Molly  ODD.ST  Jan-March operating loss widens to SEK 17.6 mln
 urn:newsml:reuters.com:*:nFWN22I15K
    ** Academedia  ACADE.ST  Q3 EBIT up at SEK 231 mln  urn:newsml:reuters.com:*:nFWN22I0ZT
    ** Tethys Oil  TETY.ST  Q1 EBITDA falls to $17.2 mln
    ** Bravida Holding  BRAV.ST  Q1 EBITA rises to SEK 251 mln 
    ** Concentric  CONIC.ST  Q1 operating income rises to SEK 126 mln
 urn:newsml:reuters.com:*:nFWN22I0ZC
    ** Starbreeze  STZEb.ST  swings to Q1 EBITDA loss of SEK 106.7 mln
    ** Sweco  SWECb.ST  acquires UK Based MLM Group  urn:newsml:reuters.com:*:nASP001158
    ** Bergman & Beving  BERGb.ST  to propose Jorgen Wigh as new chairman 
        
 IG pre-market trading Stockholm OMXS30                     unchanged
 Stoxx Europe 50 future                   STXEc1            -0.1 pct 
 MSCI index Asia Pacific ex Japan         .MIAPJ0000PUS     +0.4 pct 
 S&P 500 close previous trading day       .SPX              -0.4 pct 
 
    
    For European stock market report:  .EU 
    For global market roundup.  MKTS/GLOB 
    
    
    
    
    

 (RM: helena.soderpalm.thomsonreuters.com@reuters.net)