08.05.2018 14:30:17
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AB Traction: Interim report January - March 2018
Period January - March
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Profit after taxes amounted to MSEK 36 (168), distributed as follows:
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- Active holdings, listed MSEK 29 (148).
- Active holdings, unlisted MSEK 2 (-1).
- Financial investments MSEK 7 (24).
- Earnings per share amounted to SEK 2.45 (11.37).
- The net asset value per share amounted to SEK 188 (186).
- The net asset value per share increased by 1 (7) percent.
- The return on active listed holdings was 3 percent
Events during the quarter
- The holding in Eitech was sold after approval by the competition authority in Sweden.
- Traction became a new major owner of Mönsterås Metall (49 percent), which at the same time acquired Ankarsrum Die Casting.
Events after the period under review
- The change in value, including dividend income, of listed holdings since 31 March amounts to MSEK 120 as of 7 May.
For additional information, please contact:
Petter Stillström, CEO, Tel: +46 (0)8-506 289 00
The information was submitted for publication, through the agency of the contact person set out above, at 2.30 p.m., CET on May 8, 2018.
This announcement is distributed by Nasdaq Corporate Solutions on behalf of Nasdaq Corporate Solutions clients.
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AB Traction via Globenewswire
The issuer of this announcement warrants that they are solely responsible for the content, accuracy and originality of the information contained therein.
Source: AB Traction via Globenewswire
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