Norrhydro - Provider of Energy-Efficient Hydraulic Cylinders

Here are Viljakainen’s quick comments on Norrhydro’s Q1 results. :slight_smile:

Norrhydro announced its Q1 results this morning, which were significantly better than our expectations in terms of profitability. Good cash flow also supported the company’s financial position. In the outlook, the tightening geopolitical situation has reflected negatively on Norrhydro’s demand and costs over recent weeks, but the company nevertheless reiterated its guidance for the current year, in line with our expectations. The report did not offer any significant new information regarding the development of Norrdigi’s commercialization, at least at first glance.

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