Q1 2020 Investment AB Latour Earnings Call Transcript

Apr 28, 2020 / 08:00AM GMT

Release Date Price: €13.94 (+2.73%)

Transcript

Operator

Ladies and gentlemen, welcome to Investment AB Latour's Interim Report Q1. (Operator Instructions) Today, I'm pleased to present Johan Hjertonsson, President and CEO; and Anders MÃ¶rck, CFO. Speakers, please begin.

Johan Hjertonsson;publ;President

Investment AB Latour;CEO & Director

()- -

Thank you. This is Johan speaking. Welcome to this conference call presenting the first quarter 2020 for Investment AB Latour. The business climate has changed rapidly due to the COVID-19 pandemic, which, of course, has affected Latour as well as for all other companies around the world today. Our group structure, however, is unchanged from last quarter. We still have 2 major business lines, our wholly-owned industrial operations, consisting of 5 business areas and a long-term investment portfolio consisting of 9 listed holdings where we are the main shareholder or in some cases, the main shareholder together with a partner.

In the listed investment portfolio, we have continued to increase our investment in Fagerhult with

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