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KINV_A: NAV fell 5% after VillageMD write-down, but core assets grew and are nearing profitability

KINV_A: NAV fell 5% after VillageMD write-down, but core assets grew and are nearing profitability

Kinnevik Ab Class AOctober 16, 20243
KINV_A: NAV fell 5% after VillageMD write-down, but core assets grew and are nearing profitability

About this update from Kinnevik Ab Class A

NAV declined 5% to SEK 37.4 billion, mainly due to a full write-down of VillageMD, while core companies grew in value and are expected to reach profitability in 2025. Major investments were made in Spring Health and Aira, and the portfolio is now more concentrated in high-performing assets.Based on This is an AI-generated summary and may contain inaccuracies. Please verify any important information with the original source.

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