Second Quarter 2022 Highlights

“As we close out the first half of 2022, our environment is radically different to where we were one year ago. The aftermath of the covid pandemic with inflationary pressure, challenged supply chains and rising interest rates, exacerbated by the war in Europe, has put strong pressure on the valuations in our pocket of growth equity markets. Whereas we last year highlighted that multiple expansion was supporting our net asset value, we now face a significant reversal of that trend. With our long-term view on business building and our strong financial position, we are firmly focused on supporting our most promising companies through this downturn, and on continuously taking stock of the investment opportunities emerging in the prevailing market environment. With this said, the correction in the economic environment is likely to have a negative impact on those of our companies that are less resilient.”

Georgi Ganev, CEO of Kinnevik

Conference Call 10am CEST

To the audiocast

Dial-in numbers:
UK: +44 3333 000 804
US: +1 631 913 1422
SE: +46 8 566 426 51

Confirmation code: 
23321031#