Investor AB Publ Reports Earnings Results for the Second Quarter Ended June 30, 2021
July 15, 2021 at 01:00 pm
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Investor AB publ announced earnings results for the second quarter ended June 30, 2021. For the second quarter, the company announced sales was SEK 9,677 million compared to SEK 8,215 million a year ago. Operating income was SEK 31,761 million compared to SEK 63,919 million a year ago. Net income was SEK 31,771 million compared to SEK 64,366 million a year ago. For the half year, sales was SEK 19,344 million compared to SEK 18,194 million a year ago. Operating income was SEK 121,510 million compared to SEK 20,070 million a year ago. Net income was SEK 120,001 million compared to SEK 17,951 million a year ago.
Investor AB is a Sweden-based industrial holding company. Its operations are divided into three business segments: Listed Core Investments, EQT and Patricia Industries. The Listed Core Investments segment consists of listed holdings, which embrace ABB, AstraZeneca, Atlas Copco, Electrolux, Ericsson, Husqvarna, Nasdaq, Saab, SEB, Sobi and Wartsila. The EQT segment consists of the holdings in EQT private equity company. The Patricia Industries includes the wholly-owned subsidiaries, 3 Scandinavia and the former IGC portfolio, as well as all other financial investments, except EQT and the Companyâs trading portfolio. The wholly-owned subsidiaries include Aleris, BraunAbility, Laborie, Molnlycke, Permobil, The Grand Group and Vectura.