Norrhydro Group Oyj

NORRH

FI4000251954

Industrial Machinery & Equipment

Market Closed - Nasdaq Helsinki Other stock markets 16:23:52 31/05/2024 BST			5-day change	1st Jan Change
1.805 ^EUR	+3.74%		+14.24%	-12.80%

05-30	Norrhydro Group Plc Appoints Mikko Välitalo as the Production Director, Effective August 2024	CI
02-26	Norrhydro Group Names Successor to Outgoing CFO	MT

Norrhydro Group Oyj Provides Earnings Guidance for the Year 2024

February 23, 2024 at 06:00 am

Norrhydro Group Oyj provided earnings guidance for the year 2024. For the year, the company expected net sales in 2024 to be lower than in 2023 (EUR 30,365,000).

Latest news about Norrhydro Group Oyj

Norrhydro Group Plc Appoints Mikko Välitalo as the Production Director, Effective August 2024	05-30	CI
Norrhydro Group Names Successor to Outgoing CFO	02-26	MT
Norrhydro Group plc Announces Appointment of Johanna Kaikkonen as CFO	02-26	CI
Norrhydro Group Oyj Provides Earnings Guidance for the Year 2024	02-23	CI
Norrhydro Group Oyj Reports Earnings Results for the Full Year Ended December 31, 2023	02-23	CI
Norrhydro Group plc Announces Resignation of Hanne Sarajärvi as CFO, Effective March 2024	01-18	CI
Norrhydro to Buy Remaining Stake in Motiomax	01-08	MT
Norrhydro to Buy Remaining Stake in Motiomax	01-08	MT
Norrhydro Group Oyj acquired remaining 48.9% stake in Motiomax Oy for ?0.4 million.	01-07	CI
Norrhydro Group Oyj Appoints Carl Mattson as Digital Business Director	05/09/23	CI
Norrhydro Group Oyj Announces Resignation of Marko Mylläri as Head of Operations and Member of the Management Team	31/08/23	CI
Norrhydro Group Oyj Reports Earnings Results for the Half Year Ended June 30, 2023	11/08/23	CI
Norrhydro Group Oyj Revises Earnings Guidance for the Year 2023	12/07/23	CI
Norrhydro Group Oyj Announces CEO Changes	29/05/23	CI
Norrhydro Group Oyj Reports Earnings Results for the Full Year Ended December 31, 2022	17/02/23	CI
Norrhydro Group Oyj Provides Earnings Guidance for the Year 2023	17/02/23	CI
Certain Shares of Norrhydro Group Oyj are subject to a Lock-Up Agreement Ending on 2-DEC-2022.	01/12/22	CI
Norrhydro Group Oyj has completed an IPO in the amount of €7.999998 million.	01/12/21	CI
Norrhydro Group Oyj has filed an IPO.	12/11/21	CI

Norrhydro Group Oyj is a Finland-based hydraulic cylinder manufacturer and hydraulic solution supplier. The Company develops and manufactures innovative and environmentally friendly hydraulic solutions for the needs of the forest machinery, material handling, mining, construction equipment and marine industries, among others. Norrhydro offers environmentally friendly motion control solutions for mobile machinery as well as competitive advantage for its customers through energy efficiency. The Company is divided into five segments: Forestry, Material Handling, Construction Equipment, Mining and Marine & Offshore. Norrhydro has developed the digital hydraulic actuator NorrDigi in cooperation with Volvo CE. The system increases productivity and at the same time significantly reduces fuel costs and CO2 emissions in earthmoving machines.

Sector

Industrial Machinery & Equipment

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ESG Refinitiv

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Mean consensus

UNDERPERFORM

Number of Analysts

Last Close Price

1.805 EUR

Average target price

1.8 EUR

Spread / Average Target

-0.28%

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Sector Fluid Power Cylinder & Actuators

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Fluid Power Cylinder & Actuators