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Kinnevik AB (KINVb.ST)

KINVb.ST on Stockholm Stock Exchange

266.10SEK
2:52pm BST
Change (% chg)

-5.50kr (-2.03%)
Prev Close
271.60kr
Open
271.90kr
Day's High
272.10kr
Day's Low
266.00kr
Volume
782,277
Avg. Vol
688,191
52-wk High
328.80kr
52-wk Low
255.60kr

Latest Key Developments (Source: Significant Developments)

Kinnevik says Global Fashion Group Q2 sales grow, EBITDA loss narrows
Friday, 7 Sep 2018 

Sept 7 (Reuters) - Kinnevik AB ::FINANCIAL RESULTS FOR THE SECOND QUARTER 2018 FOR GLOBAL FASHION GROUP.SAYS GFG GROUP NET REVENUE FOR THE QUARTER WAS EURO 297.8M, REPRESENTING CONSTANT CURRENCY GROWTH OF 21.1%, OR 5.6% GROWTH IN ABSOLUTE EURO TERMS.SAYS GLOBAL FASHION GROUP Q2 ADJUSTED EBITDA -6.8 MILLION EURO (-12.1).  Full Article

Sweden's Kinnevik Invests NOK 300 Mln In Kolonial.No
Wednesday, 15 Aug 2018 

Aug 15 (Reuters) - Kinnevik AB ::INVESTS IN KOLONIAL.NO - THE LEADING ONLINE GROCERY STORE IN NORWAY.SAYS HAS INVESTED NOK 300M IN KOLONIAL.NO AS FOR A 15% STAKE IN NORWEGIAN ONLINE GROCERY RETAILER.SAYS INVESTED NOK 200M IN PRIMARY CAPITAL AND A FURTHER NOK 100M IN SECONDARY SHARES.  Full Article

Kinnevik net asset value was 350 SEK/share by end of Q2
Friday, 20 Jul 2018 

July 20 (Reuters) - Kinnevik AB ::SAYS NET ASSET VALUE OF SEK 96.4BN (SEK 350 PER SHARE), UP SEK 3.1BN OR 3% DURING QUARTER, MAINLY DRIVEN BY ZALANDO AND TELE2.SAYS TOTAL INVESTMENTS OF SEK 789M IN Q2.  Full Article

Kinnevik: Global Fashion Group Q1 adjusted operating loss slightly higher
Friday, 25 May 2018 

May 25 (Reuters) - Kinnevik AB ::SAYS GFG NET REVENUE FOR THE QUARTER WAS EURO 236.9 MILLION (228.7).SAYS GFG ADJUSTED EBITDA FOR THE QUARTER WAS EURO -32.2 MILLION (-31.9).  Full Article

Kinnevik supports proposed merger between Tele2 and Com Hem, becomes largest owner
Wednesday, 10 Jan 2018 

Jan 10 (Reuters) - Kinnevik ::KINNEVIK SUPPORTS THE PROPOSED MERGER BETWEEN TELE2 AND COM HEM AND WILL BECOME THE LARGEST OWNER IN THE COMBINED COMPANY.SAYS ‍WHEN MERGER HAS BEEN COMPLETED, KINNEVIK WILL BECOME LARGEST SHAREHOLDER IN COMBINED COMPANY, HOLDING 27.3 PERCENT OF SHARES AND 41.9 PERCENT OF VOTES​.  Full Article

Kinnevik proposes Amelia Fawcett as new chairman
Friday, 8 Dec 2017 

Dec 8 (Reuters) - Kinnevik AB ::REG-DAME AMELIA FAWCETT PROPOSED TO BE ELECTED CHAIRMAN OF KINNEVIK.DAME AMELIA FAWCETT HAS BEEN A DIRECTOR OF THE BOARD OF KINNEVIK SINCE 2011 AND HAS SERVED AS DEPUTY CHAIRMAN SINCE 2013.SHE SUCCEEDS TOM BOARDMAN WHO HAS DECIDED NOT TO STAND FOR RE-ELECTION AT THE ANNUAL GENERAL MEETING 2018.  Full Article

MTG CEO confirms 2017 forecasts
Wednesday, 29 Nov 2017 

STOCKHOLM, Nov 29 (Reuters) - Swedish media firm MTG CEO Jorgen Madsen Lindemann to Reuters ahead of Wednesday's capital markets day::* Repeats sees higher sales, profit for MTG Group this year vs 2016.* Repeats expects MTGx, an important growth engine for the firm, to make its first profit in Q4 this year.* MTG made an operating profit of 1.35 bln SEK in 2016, on sales of 17.3 bln SEK.* MTG is in the midst of transforming from a traditional broadcaster into a digital entertainment firm, investing in online gaming, esports and digital video networks while divesting broadcasting operations.  Full Article

Kinnevik: Global Fashion Group Q3 operating loss roughly unchanged
Tuesday, 28 Nov 2017 

Nov 28 (Reuters) - Kinnevik ::SAYS GLOBAL FASHION GROUP NET REVENUE FOR Q3 WAS EUR 256.4 MILLION (215.6).SAYS GLOBAL FASHION GROUP ADJUSTED EBITDA FOR THE QUARTER WAS EURO (32.6) MLN, WITH MARGIN IMPROVING BY 2.8 PERCENTAGE POINTS TO (12.7)% OF NET REVENUE.ADJUSTED EBITDA IN Q3 2016 WAS EUR (33.3) MLN .  Full Article

Kinnevik Q3 ‍net asset value 85.7 billion SEK, up 5 pct
Thursday, 26 Oct 2017 

Oct 26 (Reuters) - Kinnevik AB :Kinnevik says Q3 net asset value of 85.7 billion Swedish crowns ($10.45 billion) (311 SEK per share).NAV increased by 5 percent.Says increase driven mainly by value increases in Zalando and Millicom.On 25 October, Kinnevik's NAV had increased by SEK 1.3bn to SEK 87.0bn, or SEK 316 per share.​.  Full Article

BRIEF-GFG-Emaar to develop Namshi until GFG listing or takeover
Wednesday, 24 May 2017 

May 24 (Reuters) - Emaar :Global fashion group CFO (not CEO) says Emaar agrees to jointly develop Namshi until possible GFG listing or full takeover.  Full Article

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European shares barely wince as China retaliates with more tariffs

LONDON European shares shuddered, then recovered, on Tuesday after Beijing retaliated with new tariffs on $60 billion (45.61 billion pounds) worth of U.S. goods, less than 24 hours after U.S. President Donald Trump imposed 10 percent tariffs on an additional $200 billion worth of Chinese imports.