Bifogade filer
Q1 2024 E
Kurs & Likviditet
Prenumeration
Kalender
| 2024-10-16 | Kvartalsrapport 2024-Q3 |
| 2024-07-09 | Kvartalsrapport 2024-Q2 |
| 2024-06-07 | Inlösen KINV B 23 |
| 2024-06-07 | Inlösen KINV A 23 |
| 2024-06-04 | Ordinarie utdelning KINV A 0.00 SEK |
| 2024-06-04 | Ordinarie utdelning KINV B 0.00 SEK |
| 2024-06-03 | Årsstämma 2024 |
| 2024-04-18 | Kvartalsrapport 2024-Q1 |
| 2024-02-01 | Bokslutskommuniké 2023 |
| 2023-10-18 | Kvartalsrapport 2023-Q3 |
| 2023-07-11 | Kvartalsrapport 2023-Q2 |
| 2023-05-09 | Ordinarie utdelning KINV A 0.00 SEK |
| 2023-05-09 | Ordinarie utdelning KINV B 0.00 SEK |
| 2023-05-08 | Årsstämma 2023 |
| 2023-04-20 | Kvartalsrapport 2023-Q1 |
| 2023-02-02 | Bokslutskommuniké 2022 |
| 2022-10-19 | Kvartalsrapport 2022-Q3 |
| 2022-07-11 | Kvartalsrapport 2022-Q2 |
| 2022-05-10 | Ordinarie utdelning KINV B 0.00 SEK |
| 2022-05-10 | Ordinarie utdelning KINV A 0.00 SEK |
| 2022-05-09 | Årsstämma 2022 |
| 2022-04-21 | Kvartalsrapport 2022-Q1 |
| 2022-02-03 | Bokslutskommuniké 2021 |
| 2021-10-21 | Extra Bolagsstämma 2021 |
| 2021-10-20 | Kvartalsrapport 2021-Q3 |
| 2021-07-12 | Kvartalsrapport 2021-Q2 |
| 2021-05-11 | Ordinarie utdelning KINV B 0.00 SEK |
| 2021-05-11 | Ordinarie utdelning KINV A 0.00 SEK |
| 2021-04-29 | Årsstämma 2021 |
| 2021-04-22 | Kvartalsrapport 2021-Q1 |
| 2021-02-04 | Bokslutskommuniké 2020 |
| 2020-10-15 | Kvartalsrapport 2020-Q3 |
| 2020-08-25 | Inlösen KINV B 7 |
| 2020-08-25 | Inlösen KINV A 7 |
| 2020-08-19 | Extra Bolagsstämma 2020 |
| 2020-07-13 | Kvartalsrapport 2020-Q2 |
| 2020-05-12 | Ordinarie utdelning KINV B 0.00 SEK |
| 2020-05-12 | Ordinarie utdelning KINV A 0.00 SEK |
| 2020-05-11 | Årsstämma 2020 |
| 2020-04-17 | Kvartalsrapport 2020-Q1 |
| 2020-02-06 | Bokslutskommuniké 2019 |
| 2019-11-07 | Halvårsutdelning KINV B 4 |
| 2019-11-07 | Halvårsutdelning KINV A 4 |
| 2019-11-07 | Extra Bolagsstämma 2019 |
| 2019-10-24 | Kvartalsrapport 2019-Q3 |
| 2019-07-19 | Kvartalsrapport 2019-Q2 |
| 2019-05-08 | Halvårsutdelning KINV B 4.25 |
| 2019-05-08 | Halvårsutdelning KINV A 4.25 |
| 2019-05-06 | Årsstämma 2019 |
| 2019-04-26 | Kvartalsrapport 2019-Q1 |
| 2019-02-14 | Bokslutskommuniké 2018 |
| 2018-10-25 | Kvartalsrapport 2018-Q3 |
| 2018-07-20 | Kvartalsrapport 2018-Q2 |
| 2018-05-24 | Ordinarie utdelning KINV A 8.25 SEK |
| 2018-05-24 | Ordinarie utdelning KINV B 8.25 SEK |
| 2018-05-21 | Årsstämma 2018 |
| 2018-04-26 | Kvartalsrapport 2018-Q1 |
| 2018-02-09 | Bokslutskommuniké 2017 |
| 2017-10-26 | Kvartalsrapport 2017-Q3 |
| 2017-07-21 | Kvartalsrapport 2017-Q2 |
| 2017-05-11 | Ordinarie utdelning KINV B 8.00 SEK |
| 2017-05-11 | Ordinarie utdelning KINV A 8.00 SEK |
| 2017-05-08 | Årsstämma 2017 |
| 2017-04-27 | Kvartalsrapport 2017-Q1 |
| 2017-02-10 | Bokslutskommuniké 2016 |
| 2016-10-26 | Kvartalsrapport 2016-Q3 |
| 2016-07-22 | Kvartalsrapport 2016-Q2 |
| 2016-05-27 | Inlösen KINV A 18 |
| 2016-05-27 | Inlösen KINV B 18 |
| 2016-05-26 | Ordinarie utdelning KINV A 7.75 SEK |
| 2016-05-26 | Ordinarie utdelning KINV B 7.75 SEK |
| 2016-05-23 | Årsstämma 2016 |
| 2016-04-27 | Kvartalsrapport 2016-Q1 |
| 2016-02-11 | Bokslutskommuniké 2015 |
| 2015-10-23 | Kvartalsrapport 2015-Q3 |
| 2015-07-22 | Kvartalsrapport 2015-Q2 |
| 2015-05-19 | Ordinarie utdelning KINV B 7.25 SEK |
| 2015-05-19 | Ordinarie utdelning KINV A 7.25 SEK |
| 2015-05-18 | Årsstämma 2015 |
| 2015-04-23 | Kvartalsrapport 2015-Q1 |
| 2015-02-06 | Bokslutskommuniké 2014 |
| 2014-10-24 | Analytiker möte 2014 |
| 2014-10-24 | Kvartalsrapport 2014-Q3 |
| 2014-09-18 | Kapitalmarknadsdag 2014 |
| 2014-07-18 | Kvartalsrapport 2014-Q2 |
| 2014-05-13 | Ordinarie utdelning KINV A 7.00 SEK |
| 2014-05-13 | Ordinarie utdelning KINV B 7.00 SEK |
| 2014-05-12 | Årsstämma 2014 |
| 2014-04-28 | Kvartalsrapport 2014-Q1 |
| 2014-02-14 | Bokslutskommuniké 2013 |
| 2013-10-23 | Analytiker möte 2013 |
| 2013-10-23 | Kvartalsrapport 2013-Q3 |
| 2013-07-19 | Kvartalsrapport 2013-Q2 |
| 2013-06-18 | Extra Bolagsstämma 2013 |
| 2013-05-14 | Ordinarie utdelning KINV A 6.50 SEK |
| 2013-05-14 | Ordinarie utdelning KINV B 6.50 SEK |
| 2013-05-13 | Årsstämma 2013 |
| 2013-04-24 | Kapitalmarknadsdag 2013 |
| 2013-04-19 | Kvartalsrapport 2013-Q1 |
| 2013-02-15 | Bokslutskommuniké 2012 |
| 2012-10-19 | Analytiker möte 2012 |
| 2012-10-19 | Kvartalsrapport 2012-Q3 |
| 2012-07-20 | Kvartalsrapport 2012-Q2 |
| 2012-05-08 | Ordinarie utdelning KINV A 5.50 SEK |
| 2012-05-08 | Ordinarie utdelning KINV B 5.50 SEK |
| 2012-05-07 | Årsstämma 2012 |
| 2012-04-20 | Kvartalsrapport 2012-Q1 |
| 2012-02-15 | Bokslutskommuniké 2011 |
| 2011-11-29 | 15-7 2011 |
| 2011-10-20 | Kvartalsrapport 2011-Q3 |
| 2011-07-21 | Kvartalsrapport 2011-Q2 |
| 2011-05-17 | Ordinarie utdelning KINV A 4.50 SEK |
| 2011-05-17 | Ordinarie utdelning KINV B 4.50 SEK |
| 2011-05-16 | Årsstämma 2011 |
| 2011-04-20 | Kvartalsrapport 2011-Q1 |
| 2011-02-16 | Bokslutskommuniké 2010 |
| 2010-10-21 | Kvartalsrapport 2010-Q3 |
| 2010-07-22 | Kvartalsrapport 2010-Q2 |
| 2010-05-18 | Ordinarie utdelning KINV B 3.00 SEK |
| 2010-05-18 | Ordinarie utdelning KINV A 3.00 SEK |
| 2010-05-17 | Årsstämma 2010 |
| 2010-04-22 | Kvartalsrapport 2010-Q1 |
| 2010-02-17 | Bokslutskommuniké 2009 |
| 2009-10-22 | Kvartalsrapport 2009-Q3 |
| 2009-07-23 | Kvartalsrapport 2009-Q2 |
| 2009-05-13 | Ordinarie utdelning KINV A 2.00 SEK |
| 2009-05-13 | Ordinarie utdelning KINV B 2.00 SEK |
| 2009-05-11 | Årsstämma 1 |
| 2009-03-31 | Kvartalsrapport 2009-Q1 |
| 2008-05-16 | Ordinarie utdelning KINV B 2.00 SEK |
| 2008-05-16 | Ordinarie utdelning KINV A 2.00 SEK |
| 2007-05-11 | Ordinarie utdelning KINV A 1.70 SEK |
| 2007-05-11 | Ordinarie utdelning KINV B 1.70 SEK |
| 2006-05-12 | Ordinarie utdelning KINV B 1.60 SEK |
| 2006-05-12 | Ordinarie utdelning KINV A 1.60 SEK |
| 2005-05-13 | Ordinarie utdelning KINV B 0.25 SEK |
| 2005-05-13 | Ordinarie utdelning KINV A 0.25 SEK |
| 2004-05-14 | Ordinarie utdelning KINV A 0.50 SEK |
| 2004-05-14 | Ordinarie utdelning KINV B 0.50 SEK |
| 2004-04-28 | Split KINV A 1:10 |
| 2004-04-28 | Split KINV B 1:10 |
| 2003-05-17 | Ordinarie utdelning KINV A 4.00 SEK |
| 2003-05-17 | Ordinarie utdelning KINV B 4.00 SEK |
| 2002-05-18 | Ordinarie utdelning KINV B 2.00 SEK |
| 2002-05-18 | Ordinarie utdelning KINV A 2.00 SEK |
| 2001-05-18 | Ordinarie utdelning KINV A 6.00 SEK |
| 2001-05-18 | Ordinarie utdelning KINV B 6.00 SEK |
| 2000-05-27 | Ordinarie utdelning KINV A 1.00 SEK |
| 2000-05-27 | Ordinarie utdelning KINV B 1.00 SEK |
| 1999-05-22 | Ordinarie utdelning KINV B 1.00 SEK |
| 1999-05-22 | Ordinarie utdelning KINV A 1.00 SEK |
| 1998-05-16 | Ordinarie utdelning KINV B 4.00 SEK |
| 1998-05-16 | Ordinarie utdelning KINV A 4.00 SEK |
Beskrivning
| Land | Sverige |
|---|---|
| Lista | Large Cap Stockholm |
| Sektor | Finans |
| Industri | Investeringar |
”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
Key Events
- We announced the divestment of our full shareholding in Tele2 to iliad/NJJ for a total consideration of SEK 13bn. The three-step transaction is progressing according to plan, and is expected to close sequentially in Q2 and Q3 2024, with the first step completed in Q1
- The Board intends to propose an extraordinary cash distribution of SEK 23 per share, or SEK 6.4bn in total. This follows the Board’s capital structure review undertaken after agreeing on the divestment of Tele2, is subject to completion of the second step of the transaction in Q2 2024, and will be proposed to the AGM to be held on 3 June 2024
- In line with our commitment to double down on our highest conviction businesses, we led a USD 110m funding round in Mews, the leading vertical software and payment solution for hotels. We also announced our participation in a USD 58m funding round in Pelago, the pioneering substance use management platform, with a USD 8m investment paid in Q4 2023. The round was led by Atomico Growth with participation from all other existing investors
- The value of our unlisted portfolio was down 5 percent in the quarter, driven primarily by a significant write-down of VillageMD, reflecting a goodwill impairment by controlling shareholder WBA. Without the VillageMD write-down, the unlisted portfolio was up 3 percent
Investment Management Activities
- We invested SEK 510m in the quarter, of which SEK 448m into our core growth companies:
- SEK 419m into Mews, leading their new funding round
- SEK 29m into Pleo, through smaller secondary purchases
- We released SEK 2.8bn from Tele2, closing the first step of our SEK 13bn full divestment
Financial Position
- NAV of SEK 47.9bn (SEK 170 per share), down SEK 0.2bn or 0.5 percent in the quarter, and down SEK 7.5bn or 14 percent compared to Q1 2023
- Net cash position of SEK 10.3bn, or 13.9bn pro forma the Tele2 divestment and the Board’s proposed SEK 6.4bn extraordinary cash distribution
A conference call will be held today at 10.00 CET to present the results.
Link to the webcast (listen only):
https://edge.media-server.com/mmc/p/mnt79duk
Those who wish to ask questions during the conference call 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 call begins.
Link to conference call (for participants):
https://register.vevent.com/register/BIcfe661c611034f5fbe9d59e8cfae1e69
This information is information that Kinnevik AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation (596/2014). The information was submitted for publication, through the agency of the contact person set out below, at 2024-04-18 08:00 CEST.
For further information, visit www.kinnevik.com or contact:
Torun Litzén, Director Investor Relations
Phone +46 (0)70 762 00 50
Email press@kinnevik.com
Kinnevik’s ambition is to be Europe’s leading listed growth investor. We back the best digital companies for a reimagined everyday and to deliver significant returns. We understand complex and fast-changing consumer behaviours, and have a strong and expanding portfolio in healthcare, software, marketplaces and climate tech. As a long-term investor, we strongly believe that investing in sustainable business models and diverse teams will bring the greatest returns for shareholders. We back our companies at every stage of their journey and invest in Europe and the US. Kinnevik was founded in 1936 by the Stenbeck, Klingspor and von Horn families. Kinnevik’s shares are listed on Nasdaq Stockholm’s list for large cap companies under the ticker codes KINV A and KINV B.