Brief: Industrivarden: Net Asset Value On March 31, 2020 At SEK 94.1 Bln

Industrivarden AB

07/04/2020 10:11

April 7 (Reuters) - Industrivarden AB  INDUa.ST :
    * REG-INTERIM REPORT 3M:2020, JANUARY 1–MARCH 31, 2020
    * NET ASSET VALUE ON MARCH 31, 2020, WAS SEK 94.1 BILLION,
OR SEK
216 PER SHARE
    * DURING Q1 OF 2020, SHARES WERE PURCHASED IN SCA B FOR SEK
0.4
BILLION AND IN SANDVIK FOR SEK 0.3 BILLION
    * DEBT-EQUITIES RATIO AS PER MARCH 31, 2020, WAS 5%, AN
INCREASE
SINCE YEAR-END OF 2 PERCENTAGE POINTS
    * JAN-MARCH EARNINGS PER SHARE FOR PERIOD WERE SEK -42.59
    * SAYS "WITH THE YEAR’S FIRST QUARTER NOW BEHIND US, WE CAN
SEE
THAT THE WORLD LOOKS CONSIDERABLY DIFFERENT THAN AT THE CLOSE OF
2019"
    * SAYS "HOWEVER, WE AND OUR PORTFOLIO COMPANIES ARE
WELLPOISED TO
DEAL WITH CHALLENGES AS WELL AS TAKE ADVANTAGE OF OPPORTUNITIES
DURING THE COMING YEAR"

Source text for Eikon:  ID:nGNE5pWHhF 
Further company coverage:  INDUa.ST 

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