Investor AB (LTS:0NC6)
kr 189.28 0 (0%) Market Cap: 933.45 Bil Enterprise Value: 995.28 Bil PE Ratio: 4.51 PB Ratio: 1.09 GF Score: 57/100

Half Year 2019 Investor AB Earnings Call Transcript

Jul 17, 2019 / 08:00AM GMT
Release Date Price: kr114.4 (+0.70%)
Magnus Dalhammar;publ;Head of IR
Investor AB

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Good morning, everyone. This is Magnus Dalhammar, Head of Investor Relations at Investor. I would like to wish you all welcome to our Q2 2019 presentation. And this will be made by Johan Forssell, our CEO; and Helena Saxon, our CFO. And as always, after the presentation, there will be an opportunity for Q&A.

And with that, over to you, Johan.

Johan Forssell;publ;CEO;Director
Investor AB

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Thank you, Magnus. I think, I -- in the -- since it is summer, we'll kick straight into the presentation material and the summary page. As you have seen that it has been a stable and good quarter. Our adjusted net asset value was up 6%. Our total share return was up 9% compared to the stock market plus 7%. The listed portfolio was up 6% and we made a SEK 2 billion investment in ABB during the quarter. Within Patricia, we had a 6% value increase. Aleris was divested after the end of the quarter and we have made significant exits

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