While Q2 saw the listed portfolio climb back from the virus-led market trough, Investor’s Q3 was marked by a recovery of the unlisted subsidiaries under Patricia Industries. Nonetheless, the NAV progression was mainly driven by the expansion of multiples, with Mölnlycke standing as one of the few to return to positive sales growth over the quarter. Although credit is due for the resilient operating profitability shown across most of the unlisted subsidiaries.
19 Oct 2020
Q3: expanding multiples and an improved Mölnlycke led to unlisted assets resurgence
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Q3: expanding multiples and an improved Mölnlycke led to unlisted assets resurgence
Investor AB Class B (0NC6:LON), 0 | Investor AB Class B (INVE.B:OME), 0 | Investor AB Class B (IVSBF:OTC), 0 | Investor AB Class B (IVSD:ETR), 0
- Published:
19 Oct 2020 -
Author:
Jorge Velandia -
Pages:
3
While Q2 saw the listed portfolio climb back from the virus-led market trough, Investor’s Q3 was marked by a recovery of the unlisted subsidiaries under Patricia Industries. Nonetheless, the NAV progression was mainly driven by the expansion of multiples, with Mölnlycke standing as one of the few to return to positive sales growth over the quarter. Although credit is due for the resilient operating profitability shown across most of the unlisted subsidiaries.