Oriola: Jumps after CEO change

Oriola Oyj

14/06/2021 10:54

** Shares in Finnish drug distributor Oriola  OKDBV.HE  rise
4% after the company appointed Elisa Markula as new President
and CEO  urn:newsml:reuters.com:*:nASN001BCF
    ** Oriola says Markula joins from paint maker Tikkurila
 TIK1V.HE  where she worked for three years
    ** "We view the appointment as positive since Markula has a
good record track in Tikkurila", Inderes analyst Petri Kajaani
says
    ** "Markula did a convincing effort in bringing Tikkurila
through a big transition process, thanks to which the company's
profitability and cash flow improved significantly," he adds
    ** Oriola shares, which earlier in the year were hit by weak
first quarter numbers  urn:newsml:reuters.com:*:nASN001BCF, wipe off year to date losses

 ((boleslaw.lasocki@tr.com))