Kinnevik: Year-end release 2014
(Thomson Reuters ONE) -
Highlights fourth quarter 2014
Strong growth in Net Asset Value (NAV)
- NAV up 10% (SEK 7.7bln) to SEK 84.4bln
- Zalando and Rocket Internet share prices up 19% and 21% respectively
compared to IPO price
- Limited change in fair value of unlisted assets, up SEK 101m
Continued strong sales growth in Global Fashion Group, investments in growth
impacted margins in the third quarter
Disciplined investment activity in Kinnevik
- Focus on existing portfolio companies
- SEK 241m invested in CDON/Qliro Group and ownership stake increased to
28.5%
- Temasek invested in Lazada at a post-money valuation of EUR 1bln.
Kinnevik invested SEK 74m
Full Year 2014
NAV up 29% (SEK 18.8bln)
Investments of SEK 1.5bln in line with guidance
Increased focus in the portfolio
- Merged five emerging markets fashion companies into one market leader -
Global Fashion Group
Exciting new investment in Quikr, a leading classifieds platform in India
The Board of Directors proposes that the Annual General Meeting decides on a
dividend of SEK 7.25 per share, corresponding to an increase of 3.6%
Year-end release 2014:
http://hugin.info/1114/R/1892270/670303.pdf
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Source: Kinnevik via GlobeNewswire
[HUG#1892270]
Unternehmensinformation / Kurzprofil:
Datum: 06.02.2015 - 08:01 Uhr
Sprache: Deutsch
News-ID 369714
Anzahl Zeichen: 1978
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Town:
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Business News
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