Here are some thoughts on Nurminen from OP’s Kimmo Stenvall. ![]()
Nurminen Logistics’ revenue grew by 10% year-on-year in Q4. In the Baltics, revenue fell sharply as expected, but strong growth in the Railway business offset the overall situation. Adjusted EBITA was at the same level as the prior year. A recovery in the share price requires a return to growth, for which the outlook remains very hazy despite the company’s active development work. Senior Analyst Kimmo Stenvall reviews the company’s results and outlook in more detail in the video.