AB Traction: Year-end report 2016 Period Oct
Post# of 301275
Period October - December
- Profit after taxes amounted to MSEK 127 (16), distributed as follows:
- Active holdings, listed MSEK 75 (-1)
- Active holdings, unlisted MSEK 8 (-10)
- Financial investments MSEK 47 (28)
- Earnings per share amounted to SEK 8.59 (1.09)
- The net asset value per share increased by 5.7 (0.8) percent
- The holding in Nordic Camping & Resort was sold for MSEK 70 in connection with a tender offer
- The holding in Nilörngruppen was reduced to 31 percent of capital and 61 percent of votes
Period January - December
- Profit after taxes amounted to MSEK 401 (174), distributed as follows:
- Active holdings, listed MSEK 306 (-6)
- Active holdings, unlisted MSEK -34 (131)
- Financial investments MSEK 140 (51)
- Earnings per share amounted to SEK 27.09 (11.75)
- The net asset value per share increased by 18.9 (9.0) percent adjusted for dividend paid
- The net asset value per share amounted to SEK 168 (143)
- The return on active holdings was 40 percent
- The return on other listed holdings was 45 percent
- Interest-bearing investments, cash and cash equivalents amounted to just over SEK 1 billion
Events after the period under review
- Duroc involved in a major transaction acquiring International Fibres Group
- The change in value of listed holdings since 31 December 2016 amounts to MSEK 118
- The Board of Directors proposes a dividend of SEK 2.15 (2.55) per share
For additional information, please contact:
Petter Stillström, CEO, Tel: +46 (0)8-506 289 00
This information is information that AB Traction (publ) is obliged to make public pursuant to the EU Market Abuse Regulation and the Securities Markets Act. The information was submitted for publication, through the agency of the contact person set out above, at 1.00 p.m., CET on February 15, 2017.
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