Brief: NAXS Nordic Access Buyout Fund Q4 net profit turns to profit of SEK 38.9 million

NAXS AB (publ)

27/01/2017 07:30

Jan 27 (Reuters) - NAXS Nordic Access Buyout Fund AB (publ)  NAXS.ST : 
    * Q4 net profit 38.9 million Swedish crowns ($4.39 million) versus loss 25.0 million crowns 
year ago 
    * Intends to propose a dividend of maximum 2.70 crowns per share for fiscal year 2016 
    * Net asset value at Dec. 31, 2016 was 842 million crowns (56.69 per share) 
    * Says expects conditions that prevailed in private equity market during 2016 to remain 
largely unchanged in short term 
    * Says relatively high entry prices for assets and impact this may have on future returns is 
likely to be an issue of concern throughout 2017 
 
Source text for Eikon:  ID:nSSN6Kmt  
Further company coverage:  NAXS.ST  
 
($1 = 8.8617 Swedish crowns) 
 
 (Gdynia Newsroom) 
 ((gdynia.newsroom@thomsonreuters.com; +48 58 772 0920;))