contentSlug

type

ContentSlug_ContentQuery

slug

ContentPageContentQuery

content

trendingContent

query ContentSlug_ContentQuery(
  $contentSlug: String!
  $type: [ContentType!]
) {
  ...ContentPageContentQuery_13QmVO
}

fragment CompanyDetails_Content on Content {
  __isContent: __typename
  companies {
    name
    description
    pageUrl
    id
  }
}

fragment CompanyTagList on Company {
  pageUrl
  name
  viewerIsFollowing
}

fragment ContentBasicInfo on Content {
  __isContent: __typename
  id
  type
  title
  lang
  companies {
    ...CompanyTagList
    id
  }
  ...PublishingDetails
  ...Reactions
}

fragment ContentMetadata on Content {
  __isContent: __typename
  type
  title
  lang
  availableLanguages
  pageUrl
  imgUrl
  description
  ... on Video {
    liveTime
    videoUrl
  }
  ... on Webcast {
    liveTime
    videoUrl
  }
}

fragment ContentPageContentQuery_13QmVO on Query {
  content(slug: $contentSlug, type: $type) {
    __typename
    id
    type
    title
    isPremium
    lang
    htmlBody
    companies {
      forum {
        latestPosts {
          ...ForumPosts
        }
      }
      defaultInstrument {
        isin
        id
      }
      id
    }
    slug
    ... on CompanyReport {
      reportUrl
    }
    ... on ThirdPartyCompanyReport {
      reportUrl
    }
    ... on StockExchangeRelease {
      reportUrl
    }
    ...ContentBasicInfo
    ...ContentMetadata
    ...PriceAndRecommendation_Content
    ...CompanyDetails_Content
    ...ReportLink_Content
    ...KeyFigures_Content
  }
  ...TrendingContent_1jQ2Cn
}

fragment ForumPosts on ForumPost {
  text
  likesCount
  url
  author
  postedAt
  authorImgUrl
}

fragment KeyFigures_Content on Content {
  __isContent: __typename
  companies {
    defaultInstrument {
      estimateData {
        modelType
        reportingCurrency
      }
      snapshot {
        transaction {
          date
          actualized {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
          estimates {
            year
            quarter
            revenue
            revenueGrowth
            ebitAdjusted
            ebitReported
            ebitda
            enterpriseValue
            epsAdjusted
            dividend
            dividendYield
            sharePrice
          }
        }
      }
      id
    }
    id
  }
}

fragment PriceAndRecommendation_Content on Content {
  __isContent: __typename
  createdAt
  companies {
    id
    name
    viewerIsFollowing
    defaultInstrument {
      snapshot {
        priceData {
          date
          lastPrice
          tradeCurrency
        }
        transaction {
          date
          recommendation
          targetPrice
        }
        prevTransaction {
          recommendation
        }
      }
      id
    }
  }
}

fragment PublishingDetails on Content {
  __isContent: __typename
  createdAt
  publishers {
    name
    imgUrl
  }
  authors {
    __typename
    id
    name
    slug
    imgUrl
    jobTitle
  }
  ... on Video {
    liveTime
  }
  ... on Webcast {
    liveTime
  }
}

fragment Reactions on Content {
  __isContent: __typename
  id
  reactionGroups {
    reactionType
    reactionsCount
    viewerReacted
  }
}

fragment ReportLink_Content on Content {
  __isContent: __typename
  type
  isPremium
  ... on CompanyReport {
    reportUrl
  }
  ... on ThirdPartyCompanyReport {
    reportUrl
  }
  ... on StockExchangeRelease {
    reportUrl
  }
}

fragment TrendingContent_1jQ2Cn on Query {
  trendingContent(type: ARTICLE) {
    __typename
    id
    title
    lang
    pageUrl
    createdAt
    type
    imgUrl
    companies {
      squareLogoUrl
      id
    }
    authors {
      __typename
      imgUrl
      id
    }
    publishers {
      imgUrl
    }
  }
}


hkfoods-announced-the-final-result-of-the-loan-repurchase-tender-offer

__typename

title

isPremium

lang

htmlBody

companies

createdAt

publishers

authors

reactionGroups

availableLanguages

pageUrl

imgUrl

description

Co. Head of Research

Petri Gostowski

HKFoods operates in the food industry. Within the Group, there are a number of subsidiaries with the business of selling, marketing, and producing meat products of pig, beef, and poultry. The Group operates the entire value chain, from slaughter, cutting to processing and resale of the raw materials. HKFoods has the largest operations in the Nordic market. The head office is located in Turku.

HKFoods

The final result of the tender offer was slightly higher than the preliminary results, but overall the need for a forecast revision remains limited.

Translation: Original comment published in Finnish on 6/11/2024 at 8:57 am EEST.
The final result of the tender offer was slightly higher than the preliminary results, but overall the need for a forecast revision remains limited.
<h2>Majority of noteholders accepted the tender offer</h2>
On Friday, HKFoods reported the preliminary results of the announced 90 MEUR bond repurchase offer, which we commented on <a href="https://www.inderes.se/analyst-comments/hkfoods-a-step-forward-in-extending-the-maturity-of-debts">here</a>. According to the final results announced on Monday, noteholders validly tendered for a total of just over 80.4 MEUR. Thus, the final result of the tender offer slightly exceeded the preliminary result (73.7 MEUR).
Our projections already take into account the issuance of the new bond at an estimated interest rate of 9% (vs. a fixed rate of 5% for the old bond). Against this background, the slightly higher-than-expected outcome of the repurchase offer for the old bond does not put any material downward pressure on the forecast. We will therefore review the possible need to revise our forecasts once the interest rate on the new loan is confirmed.

	2023	24e	25e
Revenue	1,163.2	1,000.5	1,051.0
growth-%	-36.57 %	-13.99 %	5.05 %
EBIT (adj.)	14.9	20.0	24.7
EBIT-% (adj.)	1.28 %	2.00 %	2.35 %
EPS (adj.)	-0.25	-0.05	0.03
Dividend	0.00	0.00	0.00
Dividend %
P/E (adj.)	-	-	27.01
EV/EBITDA	7.13	4.69	3.75

HKFoods announced the final result of the loan repurchase tender offer

Majority of noteholders accepted the tender offer

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HKFoods

Key Estimate Figures03.06.

Majority of noteholders accepted the tender offer

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HKFoods

Key Estimate Figures03.06.

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