That EUR 4 million is a nice sum compared to Luotea’s market capitalization of about EUR 100 million. Of course, due to the complaints, its receipt and amount will only be confirmed sometime in the future. Luotea’s balance sheet or our forecasts did not include expectations for or against compensation in this matter, so this is a plus if it materializes.
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And of course, with the decision, the biggest risk that Luotea would have to pay 140 million kronor in compensation is removed. As an outsider, however, it is difficult to assess the grounds for the counterclaims.
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Here’s Rauli’s comments on how Luotea received a favorable judgment from the Solna District Court, ordering Micasa Fastigheter to pay the company approximately 4 million euros 
Luotea announced on Friday that the Solna District Court had issued a favorable judgment to the company in a dispute concerning the company’s Swedish subsidiary and its former client, Micasa Fastigheter. The District Court ordered Micasa to pay Luotea approximately EUR 4 million in total. We consider the news positive for Luotea, as, if realized, the judgment means a one-time cash flow that is significant relative to the company’s market capitalization of approximately EUR 100 million. The judgment is not yet legally binding, and we assume it will be appealed to the Court of Appeal, so the final decision and the timing of the cash flow are still uncertain.
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Message merged into thread: Lassila & Tikanoja
We’re discussing Luotea as an investment case, in English
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