Monday, February 8, 2016

Less patience with underperforming investments “- Realtid.se

Industrivärden today released its first financial statements with Helena Stjernholm president and where it appears that the investment company last year hit totalavkastningsidexet SIXRX. The total return last year for the Class A shares was 15 percent and 11 percent for the Class C shares, compared with the index which stood at 10 percent.

Stjernholm took over as CEO last September and the board has since approved a new dividend policy.

the dividend cut thereby to five per share, down from 6.25 million from fiscal year 2014.

, president and CEO of Industrivärden Stjernholm stands on a strong foundation for continued development but that new steps should be taken in the context of the company’s current strategy.

– In short, this is an increased pace of change and less patience with underperforming investments, she said.

In addition to increasing focus on the return and clarifying active ownership, investment universe expanded. Now, even some smaller companies than in the past begin to be part of the portfolio.

The article continues below

– At the initial investment holding company should have a minimum market capitalization of approximately SEK 3 billion. In those cases we invest in companies with market values ​​between 3-10 billion is a holding of 20-30 percent of the capital desirable. The idea is to have a genuine impact position and the investment’s potential return should provide a clear contribution to the portfolio as a whole, says Stjernholm.

The company’s net asset value amounted February 4 to 155 kronor per share.

profit after tax was SEK 444 million for the fourth quarter.

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