2.5 billion crowned with XXL



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There was a slight rally on the Oslo Stock Exchange on Friday.

The main index rose by 0.13% to 876.82 points

In total, shares and equity securities were traded for NOK 4.131 billion.

Equinor dropped 0.61%, Hydro dropped 2.74% and Telenor increased by 1 79%

Otherwise, we noticed that PGS, which rose 3.0% after issuing a report amazing quarterly yesterday.

Questerre fell 7.60% after the rally of yesterday by 11.5%.

XXL cracked [19659008] The XXL sport giant had some big mistakes this morning.

The company reported an after-tax profit of NOK 96 million in the second quarter of 2018, compared with NOK 135 million in the same period last year. [19659002] According to TDN Direkt, the consensus indicated a profit of 147 million NOK

According to XXL, there were, among other things, too low prices responsible for the disappointing result.

At the quarterly presentation of the company, CEO Fredrik Steenbuch said that XXL had lowered its price in the second quarter, but prices were too low

Pareto Securities lowered the price target of the XXL action at 90 NOK compared to 100 NOK per share and has maintained the recommendation of purchase.

Thus, nearly 2.5 billion of the market value of the company disappeared.

Scatec Solar

The solar energy company Scatec Solar declared a profit after tax Operating profit amounted to 150.2 million Norwegian kroner against 151.1 million of wreaths the year before

. With the prices we've seen in recent weeks, we believe growth will accelerate over time, he says, with reference to the company's backlog and pipeline at the end of the second quarter. , represented 4.5 gigawatt (GW).

Handelsbanken Capital Markets estimates that the most positive of the report is the solid cash flow due to good results in development and construction

Pareto Securities expects to make limited changes to estimates According TDN Direct, stocks should increase its estimates as a result of a "solid relationship and improved pipeline".

The title fell by 3.08%

Aqualis

Profit after tax of $ 1.36 million in the second quarter of 2018, compared to $ 0.08 million for the same period last year last

The stock rose 2.22% to $ 4.60

DNO [19659008] DNO received $ 62.33 million in April for oil deliveries to the US market. Exporting from the Tawke permit in the Kurdish part of Iraq, according to a stock market announcement on Friday morning

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Oil One

At the close of the stock market on Friday, Brent oil was up 0.76% to $ 73.06 a barrel while WTI oil was up 0.34% to 68, $ 06 a barrel.

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