– Net worth increased from January to march by 7 % to 527 usd per share
– The net asset value amounted to sek 22 may to 560 usd per share, an increase of 14% since the end of the year
– Earnings per share amounted to sek 35,18 kr (-7,21)
DEVELOPMENT IN THE HOLDINGS
The portfolio companies started the year with a strong first quarter marked by both good organic growth and improved operating income. The weighted average of the organic growth reached 5 % (3) and the weighted average of the currency operating income increased 10 % (8). In line with the respective corporate strategy has a stable rate of acquisitions been maintained, in recent times, however, with some caution with regard to the generally high förvärvspriser.
MSABs net asset value amounted to sek 527 sek per share (492) as of march 31, which represents an increase of 7 % in the first quarter. This can be compared with the stockholm stock exchange (OMXSPI), which rose 5 % during the same period. Per the 22 may, the net asset value to 560 sek per share. From the end of the year, it corresponds to an increase of 14 %, which can be compared with the stockholm stock exchange, which has increased by 9 % so far this year.
Mikael Ekdahl
Acting CEO, MSAB
MSAB is an active and long-term oriented holding company listed on the Nasdaq Stockholm Large Cap. MSABs companies all have a clear strategy and direction, and continued strong development potential. The larger companies are world leaders in their respective areas. MSABs holdings consists of the six listed companies, Hexagon, HEXPOL, AAK, ASSA ABLOY, Securitas, and Loomis. MSABs largest holdings are in the Hexagon where the company owns approximately 26 % of the share capital and 47 % of the votes. Through a long-term and active ownership, MSAB help with the continued good development of the holdings and value creation for the MSABs of the shareholders.
This information is submitted, by the above contact person in the government, for publication on 23 may 2017 at 08:00 CEST.
MSAB Interim report January-march 2017
