Kinnevik gains on NAV growth in Q2

Kinnevik AB

08/07/2025 08:34

** Shares in Kinnevik KINVb.ST are up 5.1% after the Swedish investment company posted 2% q/q growth in its Q2 net asset value

** Pareto analyst Stefan Ward highlights the NAV growth despite a currency headwind in the quarter

** Ahead of the report, broker Degroof Petercam said in a note that return to NAV growth was key to unlock the discount for Kinnevik

** Core assets grew sales by 35% with expanding EBITDA margin, Ward notes

** "I expect the stock to see some relief on the report," he adds

** Shares are on track for their best day since May if the gains hold, and on top of Europe's STOXX 600 index .STOXX

 (Reporting by Anna Chaberska)

 ((Anna.chaberska@thomsonreuters.com;))