contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  tags {
    viewerIsFollowing
    id
    name
    pageUrl
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  pageUrl
  alternatePageUrls: translations {
    __typename
    pageUrl
    lang
  }
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    summary
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      name
      id
      viewerIsFollowing
      pageUrl
      defaultInstrument {
        isin
        id
        marketOpen
        marketClose
        marketplace {
          region
        }
        returns {
          total
        }
      }
    }
    tags {
      viewerIsFollowing
      id
      name
      pageUrl
    }
    createdAt
    ... on Video {
      liveTime
    }
    ... on Webcast {
      liveTime
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
            nav
            navPerShare
            opexOfNav
            quarterlySharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    name
    pageUrl
    defaultInstrument {
      priceData {
        tradeCurrency
      }
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
    id
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      name
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


inderes-group-strong-cmd-season-backs-clear-beat-in-november-seb

__typename

title

isPremium

lang

htmlBody

summary

companies

createdAt

publishers

authors

reactionGroups

pageUrl

translations

imgUrl

description

Inderes operates in the financial industry. The company provides a community platform for investors and listed companies. Via the platform, users can communicate with each other and exchange investment tips. The customers consist of both companies and private individuals. In addition, the company offers analysis services and a basis for investment decisions. The largest operations are in the Nordic region.

Due to regulation alone, board remuneration must be such that it leaves no room for interpretation. Additionally, it is important for the system to be simple, as a complex system is administratively burdensome. For example, growth in international revenue would certainly be clear and simple enough, but would it really be best for shareholders? In this case, it would be in the board’s interest to drive growth at any cost and even take on loss-making business. I am not saying that our board would do this, of course, in the hope of a small share reward, but we certainly don’t want to build a system that would even theoretically encourage this  . Then, if we start adding “profitable international growth,” we quickly end up with matters of interpretation (what is the threshold for profitability?)  . The same problem applies to client companies; the profitability or size of the clients doesn’t matter. Measuring sales cycles is practically impossible for us, as there are many different businesses (and it is administratively incredibly heavy). The Nomination Committee ultimately felt that the share price is the best metric after all, reflecting the development of the company’s value. It also leaves no room for interpretation and is administratively light. It is also worth noting that, according to our understanding, no one else in Helsinki has a similar system in place, and we also wanted to be “cautious” in this regard and avoid the risks of a more complex model. But still, if someone comes up with a better model within these constraints, NomCom is more than interested in hearing suggestions

I’m happy to propose a development idea; thank you for being open to suggestions @Sauli_Vilen On the Inderes website, it says: “Identified obstacles  International brand awareness Shift to an international corporate culture Slow change in target markets Finding the right go-to-market models”  As board members use their experience and expertise to help overcome these obstacles, could the criteria for earning additional share-based rewards be linked to one of these or a combination of several: international revenue > X%, number of new international client companies, or shortening of sales cycles abroad?

The Nomination Committee welcomes ideas on how the remuneration model can be developed in the future! If you have any ideas, please post them here publicly or alternatively send them to me directly via the forum or email.

According to the Limited Liability Companies Act, the primary and most important task of a limited liability company is to generate profit for the shareholders unless otherwise stated in the articles of association. Inderes is one of the few that has made an exception to this in its articles of association, stating that Inderes’ employees, customers, and the community take precedence over the interests of shareholders.

Could the criteria for earning the additional share rewards have been something other than the performance of the total shareholder return (TSR)?

Thanks to Sami and Vilho for the great work and cooperation! All the best for the future, hopefully the coverage gave you useful lessons and experience for a successful career in the financial industry! A new student coverage team will already be starting in the coming weeks

The same release also contains two essential changes to board remuneration, although fixed board fees are maintained at the previous year’s levels. At least the change regarding paying the board fee partially in company shares aligns with the wishes gathered from a survey conducted for the community in the past. Community member @_TeemuHinkula will hopefully blog more on the subject later. Personally, I give these a thumbs up     It is proposed that the annual fee be paid partially in Inderes Oyj shares and partially in cash, so that approximately 40% of the fee amount is paid in company shares and the remainder is paid in cash.   Inderes’ Nomination and Remuneration Committee proposes that, in addition to the annual fee, it be possible for board members to earn additional share rewards based on the total shareholder return (TSR) as follows:  The maximum amount of the additional share reward is 1,000 shares for the Chairman of the Board and 500 shares for other board members. The amount of the additional share reward is determined linearly based on the development of Inderes Oyj’s total shareholder return between 11% and 30%. If the development of the total shareholder return is below 11%, no additional share reward is paid. If the development of the total shareholder return is 30% or more, the additional share reward is paid at the maximum amount.

Inderes

Inderes delivered solid monthly sales in November with sales increasing by
15% y/y. The strong growth owes to improved CMD activity. The sales beat our
estimate by EUR 0.2m, which was the case also in October. Consequently, after
two months of reporting in Q4 the sales run-rate is some EUR 0.4m above our
current projection. Our positive read-x is also supported by the fact that
Inderes has managed to win CMDs also in Sweden. 

Inderes delivered solid monthly sales in November with sales increasing by 15% y/y. The strong growth owes to improved CMD activity. The sales beat our estimate by EUR 0.2m, which was the case also in October. Consequently, after two months of reporting in Q4 the sales run-rate is some EUR 0.4m above our current projection. Our positive read-x is also supported by the fact that Inderes has managed to win CMDs also in Sweden.&#xa0;

Inderes Group - Strong CMD season backs clear beat in November - SEB

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