Here is a new company report on Luotea from Rauli. 
Luotea’s Q4 result fell short of our expectations. The guidance for this year is clearly positive, but we lowered our earnings estimates. However, we see the company’s earnings growth continuing this year and the company generating good cash flow. Valuation (e.g. EV/EBIT 7x) for this year is moderate. We reiterate our Accumulate rating and lower the target price to EUR 2.6 (prev. 2.7e).