In recent years, the number of analysts have declined steadily. At the same there have been many IPOs. This makes it more important than ever to properly communicate with the finance market to avoid a potential information discount. Clearly, the shrinking analyst body gets more to do and less time for each company. And this in combination with more communication channels and a higher media noise than ever.

In this year’s study it is not only transparency and clarity/consistency that is requested. Analysts also want help with interpretation of the communication in a softer from. They want ”Comments”, ”Notes”, ”Color”, ”Granularity”, ”Summaries” to help understand the value and impact the information will have on the share. We didn’t see this a few years ago, and it shows how strict fact based valuation is transforming into ”Behavioral valuation”. This will pose new demands on the companies’ financial communication.


Johan Chasseur – Director of Business
+46 70-221 77 97