Nexstim's strong 2024 culminated in a seasonally busy Q4 sales season. The total number of system sales reported for the year was 28, up from 24 last year and the best sales year in Nexstim's history.

Puuilo has continued its history of steadily gaining market shares despite the current challenging market situation. We feel the company has the potential to double its revenue in the long term, and its positive impact on earnings would act as a clear value driver for the stock.

Hexicon has announced that it has signed an agreement to extend its current credit facility of 75 MSEK until June 30, 2025. In our view, the terms of the extension appear reasonable at first glance and the extended credit facility allows Hexicon to focus on its planned divestments. However, given that the credit facility is only extended for six months and the structure of potential divestments remains uncertain, we cannot rule out the possibility of an equity issue in the next six months to secure at least mid-term financing. As a result, we are not making any immediate changes to our valuation or recommendation, but we will update our view on the company's valuation at the latest in connection with its Q4 report.

Biohit issued a profit warning related to revenue, but despite this, the new 2024 earnings guidance (EBIT percentage 16-18%) clearly exceeded our expectations.

On Friday, the company announced that Uppsala municipality had made a new decision to select NYAB, together with its partner Azvi, as the general contractor for the construction of the Uppsala Tramway.

The contract is worth approximately 70 MEUR and covers a wide range of service packages, including the construction, maintenance and fault repair of fixed and mobile networks, as well as customer deliveries in Finland.

The Solar Foods Capital Markets Day provided a concrete insight into Solein's commercialization process, the upcoming 02 factory investment and the company's financial targets. The content of the Capital Markets Day focused on Solar Foods' role as a manufacturer of Solein, which is a capital-intensive route to scaling the business.

Profitability has seen some ups and downs, so the sustainability of H2's excellent performance is still uncertain.

Delivery of the order is scheduled for the second half of 2025 and the first half of 2026.

Eltel announced on Thursday that it has signed another major new framework agreement with the Swedish Transport Administration for the construction of its nationwide communications network.

Innofactor is already 94% owned by Onni Bidco following the takeover bid in November, and the redemption process for the remaining shares is underway. As a result, the company will be delisted in the coming months, and we will stop monitoring Innofactor's stock after the company terminated its research service agreement.