Brief: Kinnevik - Q1 Net Profit Sek 6.07 Billion

Kinnevik AB

22/04/2021 07:11

April 22 (Reuters) - Kinnevik AB  KINVb.ST :
    * REG-KINNEVIK: INTERIM REPORT 1 JANUARY – 31 MARCH 2021
    * KINNEVIK - Q1 NAV OF SEK 117.8BN (SEK 424 PER SHARE), UP SEK 6.1BN OR 5% IN QUARTER
    * KINNEVIK - Q1 NET CASH POSITION OF SEK 3.9BN, CORRESPONDING TO 3.4% OF PORTFOLIO VALUE BY
QUARTER-END
    * KINNEVIK SAYS CO STARTED 2021 FROM A POSITION OF STRENGTH ACROSS OUR PORTFOLIO, AND WE
CONTINUED
TO BUILD ON THAT PLATFORM DURING Q1
    * KINNEVIK - Q1 NET PROFIT SEK 6.07 BILLION VERSUS LOSS SEK 8.37 BILLION YEAR AGO
    * KINNEVIK - WE INVESTED SEK 1,006M IN THE QUARTER

Source text for Eikon:  ID:nGNEbN5KsW 
Further company coverage:  KINVb.ST 

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