Brief: Investor Q3 Operating Profit Down At SEK 10,488 Million

Investor AB

20/10/2022 11:28

Oct 20 (Reuters) - Investor AB  INVEb.ST :
    * INTERIM MANAGEMENT STATEMENT JANUARY-SEPTEMBER 2022
    * DURING Q3, ALL THREE BUSINESS AREAS GENERATED POSITIVE
GROWTH IN
ADJUSTED NET ASSET VALUE, AND OUR WHOLLY-OWNED SUBSIDIARIES
WITHIN PATRICIA INDUSTRIES REPORTED RECORD SALES AND PROFIT
    * GOING FORWARD, THERE IS A CLEAR RISK THAT MACRO
ENVIRONMENT WILL
BECOME MORE CHALLENGING, BUT WE ARE WELL POSITIONED, AND KNOW
FROM HISTORY THAT SIGNIFICANT LONG-TERM VALUE CAN BE CREATED IN
TOUGH TIMES
    * ADJUSTED NAV SEK 626,292M (SEK 204 PER SHARE) ON SEPTEMBER
30,
2022, AN INCREASE OF SEK 15,802M, OR 3 PERCENT, DURING QUARTER
    * Q3 OPERATING PROFIT SEK 10,488 MILLION VERSUS SEK 27,802
MILLION
YEAR AGO
    * Q3 VALUE CHANGE OF INVESTMENTS IN EQT WAS 2 PERCENT
    * LISTED COMPANIES GENERATED A TOTAL RETURN OF 2%, SEK 0.5BN
WAS
INVESTED IN ATLAS COPCO

Source text for Eikon:  ID:nWkr610VXK 
Further company coverage:  INVEb.ST 
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