Skip to main contentSkip to navigationSkip to search

First Quarter 2024 Highlights

Interim Report Q1 2024

"With Kinnevik’s divestment of its entire stake in Tele2 to iliad/NJJ announced in the first quarter, we are completing our strategic transformation to a growth-focused investment firm that we commenced some six years ago. Our Board of Directors has decided to recommend a SEK 6.4bn extraordinary cash distribution, providing shareholders a significant yield while ensuring that Kinnevik has the financial strength and flexibility to capture the many opportunities that will arise over the coming years. Against a stabilizing market backdrop, our core growth companies continued to grow and improve profitability. However, WBA’s impairment charge related to VillageMD goodwill impacted NAV negatively in a meaningful way in the quarter."

Georgi Ganev, CEO of Kinnevik

Kinnevik in numbers


Sek, Net asset value


Nav per share


Change in nav Q/Q


Change in nav Y/Y


1 year TSR


5 year TSR

Conference Call 10am CET

Welcome to listed to the conference call presenting the first quarter results 2024.

Link to webcast

Those who wish to participate in the teleconference are welcome to register via the below link. Participants will receive dial-in numbers and confirmation code upon registration. Please make sure to register and dial in a few minutes before the teleconference begins.

Link to teleconference