September 13, 2012 / 6:11 AM / 6 years ago

NORDIC STOCKS - Factors to watch on Sept 13

HELSINKI, Sept 13 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Thursday:


The head of Danish brewer Carlsberg said that 2013 would be a challenging year in the company’s West European markets, but not worse than 2012. Chief Executive Jorgen Buhl Rasmussen’s remarks came at the start of presentations to investors at Carlsberg’s annual Capital Markets Day, which this year is held in St. Petersburg, Russia.

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The Finnish paperboard maker is delivering healthy product volumes this quarter and expects stronger growth ahead as its shift from paper to more profitable consumer packaging helps it weather Europe’s debt crisis, the chief executive said.

“Order inflows have normalised, operating rates are good, deliveries are developing well as planned,” Mikko Helander told the Reuters Forest Forum on Wednesday.

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HSBC raised its price target on Wartsila to 30 euros from 28 euros.


The Norwegian seismic surveyor said its order book had declined slightly over the summer but the firm was close to clinching further orders and 95 percent of its 3D capacity was booked for the fourth quarter at prices on par with the third quarter.

PGS, which scans the ocean floor for hydrocarbon deposits, said on Thursday that its order book had fallen to $623 million by the end of August from $689 million at the end of June but deals for $240 million were “about to be signed.”

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Additional reporting by Copenhagen, Oslo and Stockholm newsrooms Reporting by Helsinki Newsroom

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