Rapala VMC Corp. (RPNMF) is a Finland-based company which has specialized in the manufacture and distribution of fishing tackle products. It currently has a market capitalization of $130 million and is listed on the Helsinki Stock Exchange and also trades in the Grey Market.
Once a big player in the fisherman's market, the company has faced challenges during the past years, when rising costs and failures in the company's strategy have caused the stock of Rapala to decrease almost 50% during the past 5 years. However, FY2018 introduced some positive outlooks that support a view