Full Year 2024 Investor AB Earnings Call Transcript

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Jan 23, 2025

Jan 23, 2025 / 09:00AM GMT
Jacob Lund - Investor AB - Head of Corporate Communication & Sustainability, Member of the Management Group

Good morning and welcome to Investors results call for the fourth quarter and full year 2024. I am joined here today by our new CFO, Jenny Ashman Haquinius. Warm welcome to you Jenny and our CEO, Christian Cederholm. Both will soon give their presentations and after that, we will be opening up for questions both on the call via our operator and online.

And with that over to you Christian.

Christian Cederholm - Investor AB - President, Chief Executive Officer

Thank you Jacob and hello everyone. Warm welcome. Let me start with a brief summary of the full year before jumping into the fourth quarter. Net asset value grew by 20% and Investor AB returned 27%, this compares with 9% for SIXRX. All three business areas contributed to our NAV growth in '24.

Our portfolio companies generally performed well in a quite demanding environment, delivering profitable growth and cash flow. Also, they have invested significantly to future proof their

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