Piippo Oyj (PIIPPO.HE)
Piippo Oyj operates in the Manufacturing - Textiles industry of the Consumer Cyclical sector, headquartered in Outokumpu, NK, FI. The stock last traded at $1.33, down 1.48% on the session, giving a market capitalisation of $1.7M. Its beta of 0.42 implies it has historically moved less than the broad market.
Established in 1942 and based in Outokumpu, Finland, Piippo Oyj is a manufacturer providing a diverse range of products. The company primarily caters to Finnish farmers, supplying crucial baling solutions such as various net wraps, including their advanced hybrid edge master, alongside different baling twines suitable for round, conventional, and large square applications. Their agricultural offerings also encompass baling films. Beyond the farming sector, Piippo manufactures B2B industrial components like cable fillers and armouring yarns. Furthermore, they produce an extensive selection of consumer goods, ranging from synthetic and natural ropes and twines (including decorative, railing, towing, starting, and binding strap varieties) to household items and specific "rolleri" products.
Piippo Oyj is most often compared with the following Consumer Cyclical names: