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Taaleri's income drops in H1 but CEO says business is developing well

The pandemic is far from over, and the level of uncertainty remains high, notes Taaleri's CEO Robin Lindahl.

Robin Lindahl, CEO of Taaleri. | Photo: PR / Taaleri

The income of Finland’s Taaleri group dropped by nearly 15 percent in the first six months of this year compared with the same period last year, the company announces in its H1 report.

The income drop, which totaled EUR 26.3m in the first half, happened because of developments in financial markets that were caused by the Covid-19 pandemic in the first quarter. These developments were directly reflected in the changes that occurred in the fair value of Taaleri’s investment activities, CEO Robin Lindahl says and notes that the negative effects of the pandemic crisis are also exceptionally challenging for both the Finnish and the world economy going forward.

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