Novo Nordisk narrows 2025 guidance 🩺
• Sales growth 8-11% CER (prev 8-14%)
• EBIT growth 4-7% CER (prev 4-10%)
• Q3 sales DKK 74.98 bn (+5%)
• Operating profit DKK 23.8 bn (-30%)
• Ozempic DKK 31.3 bn (+7%) 📈
• Wegovy DKK 20.4 bn (-3%) 📉
#NOVO-B #NOVO.B #NordicStocks #Pharma #NVO #Wegovy
Pandora ($PNDORA.CO) reports Q3 earnings Wednesday.
Higher gold and silver prices may pressure margins, but network expansion and strong US demand support the long-term thesis.
Still one of the best-run Nordic consumer brands with solid ROIC and pricing power.
#Pandora #PNDORA #OMXN40 #NordicStocks
Amycretin vs big players 🥊🔥
🆚 Zepbound −22.5% (72w)
🆚 Wegovy −15% (68w)
🐂 Novo’s amycretin hits −23.2% in just 36w.
No plateau. Dual GLP-1/amylin agonism raising the stakes! 🚀
#NovoNordisk #Amycretin #Zepbound #Wegovy #ObesityStocks #NordicStocks
Bubble chart showing Nordic stocks (OMXN40) by ROIC (x-axis), forward revenue growth (y-axis), forward P/E (color, capped at 30), and market cap (bubble size). Notable outliers include DSV (top growth), Novo Nordisk (top right corner), Pandora, Coloplast, KONE, and Atlas Copco as balanced leaders.
📊 Nordic Quality & Growth 💎📈
X = ROIC (5y median)
Y = Forward revenue growth
Color = Forward P/E (capped at 30)
Size = Market cap
🏆 Top right = quality + growth:
💉 Novo Nordisk #NOVO-B.CO
💍 Pandora #PNDORA.CO
🩹 Coloplast #COLO-B.CO
🏗️ Atlas Copco #ATCO-B.ST
🚡 KONE #KNEBV.HE
#NordicStocks #OMXN40
Treemap showing Nordic stocks' performance in May, organized by sector. Industrials led gains, notably DSV (+11%), ABB (+7%), and Assa Abloy (+4%). Financial Services performed well, highlighted by Danske Bank (+9%) and DNB (+6%). Healthcare showed mixed results, with Novo Nordisk rising (+4%) and AstraZeneca declining (-2%). Equinor (+2%) represented stability in Energy. Most sectors and stocks are green, indicating positive monthly performance. 🇩🇰🇸🇪🇳🇴🇫🇮🇮🇸
🇩🇰🇸🇪🇳🇴🇫🇮🇮🇸 Nordic stocks rose in May 📈
🚛📦 Industrials led gains:
📈 DSV +11%
🤖⚙️ ABB +7%
🔧 SKF +11%
🏦💳 Financials rallied:
🏛️ Danske Bank +9%
💰 DNB +6%
💊 Healthcare mixed:
🧬 Novo Nordisk +4%
🩺 AstraZeneca -2%
🌊 Energy stable:
🛢️ Equinor +2%
#NordicStocks #OMXN40
#OMXC25 #OMXS30 #OMXH25 #OBX
At current prices I have three favorite Nordic stocks ⬇️
What are yours?
🔵 Fwd P/E
🟣 Current Div Yld
⚫️ Expected 2026 Growth
⚪️ ROIC
🇩🇰 Novo Nordisk A/S
🔵 16 🥈
🟣 2.7 %
⚫️ 15 % 🥈
⚪️ 64% 🥇
🇸🇪 Evolution AB
🔵 11 🥇
🟣 4.6 %
⚫️ 11 % 🥉
⚪️ 22% 🥉
🇫🇮 Qt Group Oyj
🔵 30 🥉
🟣 0 %
⚫️ 16 % 🥇
⚪️ 30% 🥈
#NordicStocks
Map of Europe from worldperatio.com colored from green to red by current P/E ratio relative to 20 year average P/E ratio per country.
Map of Europe from worldperatio.com shaded from light to dark blue by average P/E ratio per country.
Violin plot from midgardfinance.com of forward P/E by countries Norway, Sweden, Finland and Denmark.
Stocks in Denmark - unlike those in Sweden - are not expensive relative to their 20 year average P/E.
Wednesday Danish pharmaceutical company Novo Nordisk presents Q1 results and sales figures for #Wegovy and #Ozempic.
Maps from worldperatio.com 🗺️
#NovoNordisk #NordicStocks #EuropeanStocks
🇩🇰🇸🇪🇳🇴🇫🇮🇪🇺
