"While the pandemic has had wide-spread effects, our companies were quick to adapt and 2020 turned out strong for
Investor. As always, predicting the future is difficult, why flexibility remains key. Based on our proven governance model and our
portfolio of great companies, we will continue to work relentlessly to capture value-creating opportunities in these times of
uncertainty."
Highlights during the fourth quarter
· Adjusted net asset value (NAV) amounted to
· Listed Companies generated a total return of -2 percent.
· Based on estimated market values, the total return for
· Sales growth for the major subsidiaries amounted to 10 percent, of which 14 percent organic in constant currency. Reported EBITA grew by 34 percent, while adjusted EBITA grew by 29 percent.
· Mölnlycke reported organic sales growth of 41 percent in constant currency, mainly driven by covid-19 related sales of personal protective equipment, but the underlying business also performed well and grew organically by 9 percent. The EBITA-margin improved by 4 percentage points and cash flow generation was strong. Mölnlycke distributed
·
· Three Scandinavia announced the divestment of its passive network infrastructure in a transaction that will further strengthen Investor's balance sheet.
· The value of our EQT investments increased by 16 percent. Net cash flow to Investor amounted to
· Leverage was 4.1 percent as of
· The Board of Directors proposes a dividend per share of
For further information:
Phone +46 70 550 3500
viveka.hirdman-ryrberg@investorab.com
Magnus Dalhammar, Head of Investor Relations,
Phone +46 73 524 2130
magnus.dalhammar@investorab.com
This information is information that
Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family in 1916, is an engaged owner of high quality global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include, among others,
https://news.cision.com/investor/r/year-end-report-2020,c3271738
https://mb.cision.com/Main/1084/3271738/1361922.pdf
(c) 2021 Cision. All rights reserved., source