I returned as a shareholder yesterday when the share price dipped. I’ve been reading through reports and thinking that this start will certainly be a good one for the full year. As Aarni noted in 2024, a good start to the year usually carries the company through a good spring/summer as well. Essentially, due to the weather, so-called extra forced repairs are done in January-February, and then maintenance is carried out at a better time when mechanics are available again in the spring. The company now has a significant number of workshops in Norway and Sweden, where the winter was, as I understand it, the coldest since 2010. In the short term, the strengthening Norwegian and Swedish krona also provides support.
Further reports:
Nordea, fair value 17.3 - 21.1e
https://research.nordea.com/api/reportfileapi?id=64ab6b82-6f70-426e-b9bf-aa5e20680b91
Redeye, Fair value 12 - 37e.
Carnegie, fair value 15.9 - 19.4e.