Sweden's Latour net asset value falls 5.9% since start of the year amid market uncertainty

Investment AB Latour

29/04/2026 07:38

Overview

Sweden investment and industrial holding firm's Q1 industrial net sales fell 1%, organic growth positive

Adjusted operating profit for Q1 industrial operations down 2% yr/yr, EBIT margin steady at 13.2%

Net asset value per share fell 5.9% since year start, lagging Stockholm index

Outlook

Latour says order book increased, providing a solid basis for net sales growth in coming quarters

Company expects continued organic growth amid challenging market conditions

Latour says acquisition activity remains high and pipeline is well filled

Result Drivers

ORGANIC GROWTH - Co said industrial operations saw continued organic growth in order intake and net sales, despite headline declines

NEGATIVE CURRENCY EFFECTS - Co said currency effects continued to weigh on results compared with the previous year

PORTFOLIO DECLINE - Co said listed investment portfolio value fell 9% in Q1, underperforming the benchmark index amid market uncertainty

Company press release: ID:nWkr3fpG2k

Key Details

Metric
Beat/Miss
Actual
Consensus Estimate
Q1 Industrial EBIT Margin
13.20%


Analyst Coverage

The current average analyst rating on the shares is "hold" and the breakdown of recommendations is 1 "strong buy" or "buy", 3 "hold" and 1 "sell" or "strong sell"

The average consensus recommendation for the investment holding companies peer group is "buy."

Wall Street's median 12-month price target for Investment AB Latour is SEK250.00, about 16.3% above its April 28 closing price of SEK214.90

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)