While weak equity markets proved to be a sore spot for Investor’s FY18, the trend was fully reversed in FY19. The value of the listed asset portfolio lifted the group’s NAV, outdoing the performance of Patricia Industries, which surprisingly, posted a minor decrease in value over Q4 on the back of a contraction in multiples.
23 Jan 2020
A reversal of fortunes
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A reversal of fortunes
Investor AB Class B (IVSD:ETR) | 0 0 0.7% | Mkt Cap: 277,958m
- Published:
23 Jan 2020 -
Author:
Jorge Velandia -
Pages:
3
While weak equity markets proved to be a sore spot for Investor’s FY18, the trend was fully reversed in FY19. The value of the listed asset portfolio lifted the group’s NAV, outdoing the performance of Patricia Industries, which surprisingly, posted a minor decrease in value over Q4 on the back of a contraction in multiples.