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Spinnova Oyj (SPINN) NPV

Sell:€1.87 Buy:€1.88 Change: €0.18 (8.47%)
Market closed |  Prices as at close on 27 February 2024 | Switch to live prices |
Sell:€1.87
Buy:€1.88
Change: €0.18 (8.47%)
Market closed |  Prices as at close on 27 February 2024 | Switch to live prices |
Sell:€1.87
Buy:€1.88
Change: €0.18 (8.47%)
Market closed |  Prices as at close on 27 February 2024 | Switch to live prices |
The selling price currently displayed is higher than the buying price. This can occur temporarily for a variety of reasons; shortly before the market opens, after the market closes or because of extraordinary price volatility during the trading day.

Business summary

Spinnova Oyj is a Finland-based company that focuses primarily on the clothing industry. Spinnova Oyj has developed a new technology for making textile fiber out of wood and waste such as leather, textile or food waste, without harmful chemicals. SPINNOVA fiber does not produce any waste or side streams and is produced with minimal water usage and with minimal CO2 emissions. The fiber is recyclable, quickly biodegradable, does not contain microplastics and can be produced without solvents or other harmful chemicals or additives. The target customers for Spinnova fiber consist of large multinational textile brands, especially clothing brands that use a lot of cotton and/or have the intention of reducing their environmental impact. The Company has a production plant in Jyvaskyla.

Contact details

Address:
Palokarjentie 2-4
JYVASKYLA
40320
Finland
Telephone:
+358 (2) 07032430
Website:
https://spinnova.com/

Important dates

Future events
There are no future events available.
Past events
There are no past events available.

General stock information

Short code:
SPINN
ISIN:
FI4000507595
Market cap:
€107.85 million
Shares in issue:
52.23 million
Sector:
Textiles
Exchange:
Helsinki Stock Exchange
Country:
Finland
Currency:
Euro
Indices:
n/a

Key personnel

  • Janne Poranen
    Chairman of the Board, Chief Executive Officer, Co-Founder
  • Juha Salmela
    Co-Founder, Chief Technology Officer, Director
  • Ben Selby
    Chief Financial Officer
  • Petri Poranen
    Chief Operating Officer
  • Lasse Holopainen
    General Counsel, Company Secretary
  • Lotta Kopra
    Chief Commercial Officer
  • Shahriare Mahmood
    Chief Sustainability Officer

Data policy - All information should be used for indicative purposes only. You should independently check data before making any investment decision. HL cannot guarantee that the data is accurate or complete, and accepts no responsibility for how it may be used. Business summary, contact details and key personnel provided by Thomson Reuters. Important dates provided by Digital Look Ltd. General stock information provided by Reuters.

Share

The London Stock Exchange does not disclose whether a trade is a buy or a sell so this data is estimated based on the trade price received and the LSE-quoted mid-price at the point the trade is placed. It should only be considered an indication and not a recommendation.

Trades priced above the mid-price at the time the trade is placed are labelled as a buy; those priced below the mid-price are sells; and those priced close to the mid-price or declared late are labelled 'N/A'.