Vnv 2q26 Eng
VNV Global AB (publ) Financial Report for the Second Quarter and the First Six Months 2026
– Net asset value: SEK 4.48 bn
– NAV per share: SEK 34.97
– NAV change, period (in SEK): -11%
– NAV change, quarter (in SEK): 2%
Net asset value (NAV) and financial results for the six-month period 2026
The VNV Global AB (publ) (“VNV Global” or the “Company”) group’s net asset value was USD 460.54 million (mln) on June 30, 2026 (December 31, 2025: 546.66), corresponding to USD 3.60 per share (December 31, 2025: 4.25). Given a SEK/USD exchange rate of 9.7199 the NAV was SEK 4,476.35 mln (December 31, 2025: 5,029.97) and SEK 34.97 per share (December 31, 2025: 39.11), respectively.
The group’s NAV per share in USD decreased by -16% and in SEK by -11% during the period.
Net result for the period was USD -85.10 mln (January 1, 2025–June 30, 2025: 16.74), primarily as a result of negative revaluations of BlaBlaCar and Voi.
Earnings per share were USD -0.66 (0.13).
The Company has repurchased 593,048 common shares.
Financial results for the second quarter 2026
Net result for the quarter was USD -1.45 mln (31.43), primarily driven by changes in peer multiples and foreign exchange movements. During the quarter, the NAV per share in USD decreased by 0%, and increased in SEK by 2%.
Earnings per share during the quarter were USD -0.01 (0.24).
Key events during the quarter April 1, 2026–June 30, 2026
On April 29, 2026, VNV Global announced that the Company had repurchased bonds under the Company’s outstanding SEK 425 mln 2024/2027 bond loan. Bonds at an aggregate nominal amount of ca. SEK 166.9 mln were repurchased at a price equal to 104.00% of the nominal amount plus accrued and unpaid interest.
At the Annual General Meeting (AGM) on May 12, 2026, Lars-Åke Norling was elected as new director and appointed Chairman of the Board. The AGM resolved to authorize the Board to repurchase up to 10% of the Company’s shares until the next AGM.
Key events after the end of the period
No significant events after the period.
The Company will hold a telephone conference with an interactive presentation at 15:00 CEST (09:00 a.m. EDT) Tuesday, July 14, 2026. To register for the conference call and webcast, see separate press release issued Monday, July 6, 2026, at www.vnv.global.