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Kinnevik: Interim Report 2007 1 January - 30 June

7/26/2007 8:00 AM

Financial results for the second quarter
  • The market value of the Group's securities in Major Listed Holdings increased by 7% to
    SEK 44,767 million.
  • The sale of Invik had a positive effect on earnings of SEK 251 million in the quarter.
  • Korsnäs' revenues increased by 9% to SEK 2,001 million (SEK 1,835 million pro forma including Frövi).
  • Operating profit for Korsnäs increased to SEK 274 million (SEK 241 million pro forma).
  • The Group's total revenue amounted to SEK 2,037 million (1,462) and operating profit was SEK 262 million (163).
  • Profit after tax, including changes in fair value of financial assets, amounted to SEK 3,123 million (loss of 3,661).
  • The profit per share was SEK 11.83 (loss of 13.85).
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    Financial results for the first half of the year
  • The market value of the Group's securities in Major Listed Holdings increased by 24% to
    SEK 44,767 million.
  • Korsnäs' revenues increased by 9% to SEK 3,929 million (SEK 3,606 million pro forma).
  • Operating profit for Korsnäs increased to SEK 507 million (SEK 480 million pro forma).
  • The Group's total revenue amounted to SEK 3,994 million (2,707) and operating profit was SEK 552 million (303).
  • Profit after tax, including changes in fair value of financial assets, amounted to SEK 9,230 million (3,692).
  • The profit per share was SEK 34.96 (14.03).
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    The full report with tables can be downloaded from the following link: