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Formulation of the Year: Johan Lindh, Vice President of Group Communications and Investor Relations at Ahlstrom-Munksjö Oyj
“As announced on September 24, 2020, Spa (BC) forms Lux Holdco S.à rl (” Bain Luxco “) (a company owned and controlled by funds managed or advised by Bain Capital Private Equity (Europe), LLP and / or its related parties (collectively, “Bain Capital” and such funds are referred to as “Bain Capital funds”), Ahlstrom Invest BV (“Ahlstrom Capital”, a wholly owned indirect subsidiary of Ahlström Capital Oy), Viknum AB ( “Viknum”) and Belgrano Inversiones Oy (“Belgrano Inversiones”) a consortium (“Konsortiet”) in order to present a voluntary recommended cash tender offer for all issued and outstanding shares of Ahlstrom-Munksjö Oyj (the “Company” or “Ahlstrom-Munksjö”), which is not owned by Ahlstrom-Munksjö or any of its subsidiaries (the “Shares” or individually a “Share”) (the “Offer to Purchase”), which is provided by Spa Holdings 3 Oy (the “Bidder”), a limited liability company formed da and existing in accordance with Finnish law “.
Motivation of the jury: Only people with legal education can achieve such a masterpiece in the art of getting all conceivable information in one sentence. 13 parentheses and 26 commas in the same sentence consisting of 128 awesome words.
This year’s description and also readers’ pick: Lars Höglund, Investor Relations Director at Handelsbanken
Handelsbanken gains strength in branches, increases the rate of digital development and reduces costs “
Motivation of the jury: When SHB announced that the bank will close nearly half of all branches, it is said to be gathering steam. This is in the title of the press release. Certainly there will be greater investments in companies and private banking in the rest of the offices, but given that the bank with the most offices in Alexanderhugg will close around 180 out of 380, it is more of a rescue operation to face the digital future than to gain strength.
This year’s Cautious General: Data Analytics Firm Palantir
“We have incurred losses every year since our inception, we expect our operating expenses to increase and we may not be profitable in the future.”
Motivation of the jury: After 17 years of losses, the data analytics company Palantir may not be profitable in the future either. An interpretation is never never. Although all risks must be included in the prospectus and other things for an IPO to be approved, the wording is considerably defensive.
This year’s marketing ploy: Alex Schneiter, President and CEO of Lundin Energy
“I am also pleased that the board is proposing that the company change its name to Lundin Energy. It represents our ambition to become climate neutral, our position as a leading oil and gas producer in the future, and clarifies our role in a changing energy mix. “
Motivation of the jury: If you produce oil and gas and nothing else, Lundin Petroleum is the best name because it is the most specific. In times of sustainability, ESG, clean tech, and other environmental buzzwords, it can be tempting to try and get a cleaner seal in terms of branding, but the company name doesn’t make the oil cleaner.
Financial Expert of the Year: Andréas Elgaard, President and CEO of Itab Shop Concept
“Personally, I am convinced that ITAB will emerge stronger from this crisis and that we will deliver good results for our customers, shareholders and employees and assume an even clearer position as market leader.”
Motivation of the jury: After the price was cut in half from the turn of the year to the semi-annual report, it is undeniable that it is an optimistic view of finances and stocks to speak of emerging stronger from the crisis and obtaining good results for shareholders. Since the price spike in 2016, 89 percent of the share’s value disappeared at that time, and in that situation the company needed to strengthen its finances with new capital to pay off bank loans.
This year’s presentation: Jyrki Eklund, CEO of Aino Health
“Aino Health is the leading provider of SaaS solutions in corporate health management. The company’s complete system with SaaS platform and services reduces sick leave, reduces related costs and improves business results through increased productivity and employee engagement in the organization, as the health, wellness and safety become an integral part of daily work. “
Motivation of the jury: Leading saas companies mean software that is leading in a future industry. Still, the business is running at a loss, sales are small, and they haven’t grown in the last two years. Therefore, it is a truly optimistic presentation of the company’s operations.
