Suominen: Withdrawing from the share as problems are prolonged
Suominen's Q4 report, published yesterday, was a major disappointment, as the Q4 result fell short of expectations and the company also predicted the downward earnings trend to continue in 2022 due to a tough start to the year. The valuation of the share is moderate in many respects, but due to the still unclear depth of the earnings slump, the expected return does not exceed our increased required return.
