Hiab tops STOXX after Q2 beat, guidance hike
22/07/2026 08:45
BUZZ-Hiab tops STOXX after Q2 beat, guidance hike ** Shares in Hiab HIAB.HE rise 7% after the Finnish load-handling solutions provider reported Q2 numbers above expectations and raised its guidance
** Its revenue came in at €403 million, operating profit at €61 million ($69.60 million), beating consensus expectations cited by HSBC of €396.3 million and €54.3 million, respectively
** Hiab raised its outlook for its 2026 comparable operating profit margin to above 14.5% from above 13.5%
** Hiab's shares top the European STOXX 600 index .STOXX and are on track for best day since June 2, 2026
($1 = 0.8764 euros)
(Reporting by Alexander Klyve Gudbrandsen)
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