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UPDATE 1-NORDIC STOCKS - Factors to watch on April 17
April 17, 2013 / 6:19 AM / 5 years ago

UPDATE 1-NORDIC STOCKS - Factors to watch on April 17

(Updates SKF, Millicom)

HELSINKI, April 17 (Reuters) - The following stocks may be affected by newspaper reports and other factors on Wednesday:


The world’s biggest bearings maker posted a slightly bigger than expected fall in first quarter operating profit to 1.48 billion Swedish crowns ($232 million) slightly missing a mean forecast of 1.54 billion in a Reuters poll of analysts.

SKF, seen as a bellwether for the broader manufacturing sector, forecast demand would be relatively unchanged in the second quarter.

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Emerging markets telecoms group Millicom reported first-quarter core profit above expectations and repeated its full-year guidance.

Earnings before interest, tax, depreciation and amortisation (EBITDA) were $494 million versus a mean forecast of $487 million in a Reuters poll of analysts and $517 million in the year-ago quarter.

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Swedish medical technology group Getinge is due to release its first-quarter report at about 1000 GMT. Adjusted earnings before interest, tax and amortisation are seen at 818 million crowns, a Reuters poll of analysts showed.

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Additional reporting by Copenhagen, Oslo and Stockholm newsrooms $1 = 6.3756 Swedish crowns Reporting by Helsinki Newsroom

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