Interim Report 2009 1 January - 30 September

22 Oct 2009, 8:00 AM
Financial results for the third quarter
  •   The market value of the Group's securities in Major Listed Holdings amounted to SEK 36,925 million on 30 September, an increase of SEK 5,761*) million corresponding to 20% since 30 June 2009.
  •   Korsnäs' revenue amounted to SEK 1,915 million (1,768) and operating profit was SEK 322 million (219).
  •   The Group's total revenue amounted to SEK 1,981 million (1,851) and operating profit was SEK 311 million (211).
  •   Net result after tax, including changes in fair value of financial assets, amounted to 5,942 SEK million (loss of 13,139).
  •   The profit per share was SEK 22.58 (loss of 49.83).
    •  
    Events during the third quarter
  •   The acquisition of Emesco AB was closed on 17 September.
  •   Within New Ventures, Kinnevik and Asset & Resource Management Company Ltd ("ARM"), a leading Nigerian asset management and financial services group, have joined forces to create one of West Africa's leading private equity funds.
    •  
    Financial results for the first nine months of the year
  •   The market value of the Group's securities in Major Listed Holdings increased by SEK 11,180*) **) million corresponding to 46% during the first nine months of the year.
  •   Korsnäs' revenue amounted to SEK 6,018 million (5,728) and operating profit was SEK 609 million (567).
  •   The Group's total revenue amounted to SEK 6,266 million (5,923) and operating profit was SEK 604 million (578).
  •   Net result after tax, including changes in fair value of financial assets, amounted to SEK 11,639 million (loss of 18,957).
  •   The profit per share was SEK 44.51 (loss of 71.84).
    •  
    *)  Excluding acqusition value of shares and securities in Emesco AB of SEK 2,232 million.
    **)  Including dividends received.

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