Scandinavia | Noise in the North

Scandinavian FlagsToday, the famous US business weekly Barron´s recommends to buy shares of Danmark´s A.P. Møller-Mærsk A/S.

Tomorrow one will celebrate the 100th anniversary of Investor AB of Sweden in Stockholm. Investor was founded on the 16st of October 1916 by the Wallenberg family.

Another party is scheduled for December the 11st in Copenhagen. DFDS, the Danish shipping and logistics company, will celebrate its 150th anniversary then. And especially regarding the last few years, they have all reason to party.

But one after another. On Tuesday, October 18th, we expect the third quarter report by ABG Sundal, the Norwegian investment boutique. ABG´s dividend yield is excellent, but the recent performance was weak. Hopefully ABG could turn the tide.

Investor AB follows on Wednesday, October 19th. Shareholder and analysts will be thirsty for more details about the future of Ericsson.

Then, over next week, we will see a little fireworks of announcements from Sweden, Norway and Finland. Nordnet (25. Oct.), Telenor (26. Oct.) and Nokia (27. Oct.) will present their quarterly updates. Nokia, currently caught in the doldrums, has still to find the right balance between its old network infrastructure and its new digital health and media products.

We should not forget to mention Opera and Bakkafrost from Norway and the Faroe Islands. They both will present their results in Oslo, on the 8th (Bakkafrost) and 10th (Opera) of November.