Pressmeddelanden, rapporter och bolagsmeddelande för Nurminen Logistics Oyj

Nurminen Logistics Plc released a stock exchange notification on June 26, 2024, at 10:30 A.M. regarding a transaction involving JN Uljas Oy, a legal entity closely associated with Juha Nurminen, a board member of Nurminen Logistics Oyj. The notification, reference number 67369/5/4, indicated that on June 24, 2024, 188,235 shares were disposed of on NASDAQ Helsinki Ltd at a unit price of 1.0625 EUR, resulting in an aggregated transaction volume of 188,235 shares at a volume weighted average price of 1.0625 EUR. For further details, contact Olli Pohjanvirta, President and CEO, at +358 40 900 6977 or olli.pohjanvirta@nurminenlogistics.com. Nurminen Logistics, founded in 1886, provides rail transport, terminal, and multimodal solutions between Asia and Europe, and in the Nordic and Baltic regions.

Nurminen Logistics Plc announced the sale of a 51% majority share in Kiinteistöosakeyhtiö Helsingin Satamakaari 24 to Ilmarinen for 17.3 million euros, with the transaction set to complete on September 30, 2024. The sale will free up approximately 11 million euros in cash, reduce interest-bearing financial liabilities by around 12 million euros, and improve key financial metrics such as equity ratio and gearing. The funds will be used to pay off debts and support future growth plans. The transaction is expected to result in a capital gain of about 2.1 million euros, recorded in Q3 2024. The shares will be classified as assets for sale in the Half-Year 2024 Financial Report. Nurminen will continue leasing the property for five years post-transaction, which will increase net IFRS lease liabilities by around 4 million euros. For more information, contact Olli Pohjanvirta, President and CEO.

Nurminen Logistics Plc has reported a 75% increase in its operating result for the first quarter of 2024, reaching EUR 5.9 million. Net sales also grew by 40% to EUR 35.2 million. The company's financial guidance for 2024 remains unchanged, expecting increased net sales and operating results. Despite political strikes and a subdued atmosphere in Finnish imports and exports, the company was able to achieve growth. The company's Baltic operations and Railway business saw positive development, with increased sales and improved efficiency. The company also continued to invest in international growth, opening a new office in Gothenburg and announcing a new freight train route. The company's balance sheet strengthened, with a decrease in gearing to 69.9%.