Q2 2025 Kinnevik AB Earnings Call Transcript

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Jul 08, 2025

Jul 08, 2025 / 08:00AM GMT
Georgi Ganev - Kinnevik AB - Chief Executive Officer

Good morning everyone and welcome to the presentation of Kinnevik's results for the second quarter, 2025.

I'm Georgi Ganev, Kinnevik's CEO, and with me today is our CFO, Samuel Sjöström, and our director of corporate communications, Torun Litzén.

On today's call, we will begin by walking you through the key events during the quarter. Samuel will then cover our financial position, capital allocation, and net asset value.

Finally, I will reiterate our priorities for 2025, and as usual, we will end with a Q&A.

So let's start on page 4.

Our net asset value was up 2% and amounted to 36.8 billion or 133I per share at the end of the second quarter of 2 by 5.

The fair value of our private portfolio was up 3% in sec and 5% in constant currencies.

We ended the quarter with a net cash position of 9.6 billion sick after investing 0.9 billion, with the addition of tandem health being the largest investment.

Invera hit a significant milestone this quarter by successfully completing

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