Financial results for the second quarter
The market value of the Group's securities in Major Listed Holdings amounted to SEK 28,932 million on 30 June, an increase of SEK 7,398* million corresponding to 33% since 31 March 2009.
Korsnäs' revenue amounted to SEK 2,140 million (2,006) and operating profit was SEK 167 million (184).
The Group's total revenue amounted to SEK 2,192 million (2,068) and operating profit was SEK 169 million (164).
Net result after tax, including changes in fair value of financial assets, amounted to SEK 7,649 million (3,481).
The profit per share was SEK 29.35 (13.19).
Events during the second quarter
Kinnevik signed an agreement to acquire Emesco which will strengthen the ownership in Tele2 and MTG.
Kinnevik subscribed for 51.9% in Metro's issue of subordinated debentures and warrants, of which 44.1% with preferential rights and 7.8% in addition to this, in accordance with previously granted guarantee, for a total amount of SEK 274 million.
Within New Ventures, Kinnevik committed to invest USD 10 million in the micro financing fund Microvest and acquired 30% of the shares in a Ukrainian farming company and 20% of the shares in the Internet company R2 International.
Financial results for the first half of the year
The market value of the Group's securities in Major Listed Holdings increased by SEK 5,418* million corresponding to 22% during the first half of the year.
Korsnäs' revenue amounted to SEK 4,103 million (3,960) and operating profit was SEK 287 million (348).
The Group's total revenue amounted to SEK 4,285 million (4,072) and operating profit was SEK 293 million (367).
Net result after tax, including changes in fair value of financial assets, amounted to SEK 5,697 million (loss of 5,818).
The profit per share was SEK 21.85 (loss of 22.04).
* Including dividends received.