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Magnora Data Center ASA (LX5)

Market Open
15 Oct, 01:26 PM
XFRA XFRA
€
1. 43
-0.03
-2.1858%
€
143.03M Market Cap
- P/E Ratio
- Div Yield
50 Volume
- Eps
€ 1.46
Previous Close
Add Transaction
Day Range
1.39 1.43
Year Range
0.92 1.67
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Summary

LX5 trading today lower at €1.43, a decrease of -2.1858% from yesterday's close, completing a monthly decrease of -10.7232% or -€0.17. Over the past 12 months, LX5 stock gained 8.0755%.
LX5 is not paying dividends to its shareholders.
The stock of the company had never split.
The company's stock is traded on 2 different exchanges and in various currencies, with the primary listing on XFRA (EUR).

LX5 Chart

Magnora Data Center ASA (LX5) FAQ

What is the stock price today?

The current price is €1.43.

On which exchange is it traded?

Magnora Data Center ASA is listed on XFRA.

What is its stock symbol?

The ticker symbol is LX5.

Does it pay dividends? What is the current yield?

It does not pay dividends to its shareholders.

What is its market cap?

As of today, the market cap is 143.03M.

Has Magnora Data Center ASA ever had a stock split?

No, there has never been a stock split.

Magnora Data Center ASA Profile

- Industry
- Sector
Mr. Morten Strømgren CEO
XFRA Exchange
- ISIN
Norway Country
- Employees
- Last Dividend
- Last Split
- IPO Date

Overview

Magnora Data Center ASA is a prominent developer and operator of data centers, with a keen focus on supplying the necessary infrastructure for contemporary digital workloads throughout Europe. The company excels in capital-light development strategies for extensive data center initiatives, primarily concentrating on the initial phases—from conceptualizing site locations to achieving ready-to-build status. However, it maintains the flexibility to invest in later project stages when compelling opportunities arise.

Operating in countries such as Norway, Sweden, Finland, and Italy, Magnora Data Center ASA is well-positioned to meet the increasing demand for data processing, cloud services, and artificial intelligence applications. The company boasts a vast project portfolio, which is measured in hundreds of megawatts of planned capacity. Headquartered in Oslo, Norway, it functions as a dedicated entity in the data center sector, allowing investors targeted exposure to this specialized infrastructure niche within the broader ecosystem of digital and energy sectors.

As a subsidiary of Magnora ASA, the company leverages a broader platform of expertise in energy-related project development. Despite this affiliation, Magnora Data Center ASA maintains a clear focus on data center assets, particularly regarding their technical, regulatory, and grid-connection requirements.

Products and Services

  • Data Center Development:

    Magnora Data Center ASA specializes in the capital-light development of large-scale data center projects, ensuring quick and efficient transitions from initial site concepts to ready-to-build status, catering to various digital workload demands.

  • Site Conceptualization:

    The company offers extensive site conceptualization services that involve comprehensive analyses to identify optimal locations for data center establishment, ensuring compliance with local regulations and operational guidelines.

  • Infrastructure Investment:

    While primarily focused on early-stage development, Magnora Data Center ASA retains the flexibility to invest in later stages of projects, seizing attractive opportunities as they arise, which adds agility to their investment strategy.

  • Project Management:

    With a team of experts, the company manages its data center projects through all phases of development, ensuring timely delivery and adherence to quality standards, which culminates in reliable and efficient data center operations.

  • Regulatory Compliance Support:

    Magnora Data Center ASA assists in navigating the complex regulatory landscape around data center operations, ensuring that all projects comply with local, regional, and national laws.

  • Grid Connection Solutions:

    Understanding the critical role of energy supply, the company provides tailored grid connection solutions, ensuring that its data centers maintain sustainable and efficient power access necessary for their operation.

  • Market Insights and Research:

    The firm offers valuable market insights and research, helping stakeholders understand the evolving landscape of digital workloads, including trends in cloud computing and artificial intelligence, to inform strategic decisions.

Contact Information

Address: Karenslyst allé 6
Phone: -