Year-End Report 2014


Highlights during the fourth quarter

  · Net asset value amounted to SEK 260,963 m. (SEK 343 per share) on December
31, 2014, an increase of SEK 14,162 m. (SEK 19 per share) during the quarter,
corresponding to a change of 6 percent. Over the past 20 years, annual net asset
value growth, with dividend added back, has been 14 percent.
  · Additional shares were acquired in ABB and Wärtsilä.
  · 3 Scandinavia repaid SEK 7.5 bn. of its external debt, financed by an equity
injection,with Investor contributing its pro rata share SEK 3.0 bn. The new
funding structure allows 3 Scandinavia to use its cash flow for distribution to
its owners. During the quarter, a distribution of SEK 0.3 bn. was made to
Investor.
  · The Board of Directors proposes a dividend per share of SEK 9.00 (8.00).
  · On January 28, 2015, the Board of Directors announced the appointment of
Johan Forssell as new President and CEO of Investor as of May 12, 2015. Johan
Forssell succeeds Börje Ekholm who is leaving his position after almost ten
years.
  · On January 28, 2015, Investor announced the creation of a new division,
Patrica Industries, that will develop and expand its portfolio of wholly-owned
subsidiaries. Börje Ekholm will be responsible for Patricia Industries.

Financial information

  · Consolidated net profit for the year, which includes unrealized change in
value, was SEK 50,688 m. (SEK 66.55 basic earnings per share), compared to SEK
45,106 m. (SEK 59.35 basic earnings per share) for 2013.
  · Core Investments contributed SEK 43,542 m. to net asset value during 2014
(38,954), of which the listed SEK 41,311 m. (38,433).
  · Financial Investments contributed SEK 10,543 m. to net asset value during
2014 (8,535).
  · Leverage (net debt/total assets) was 8.7 percent as of December 31, 2014
(9.7).
  · Consolidated net sales for the year was SEK 21,200 m. (18,569).
For further information:

Stefan Stern, Head of Corporate Relations and Communications, Phone 46 8 614
2058, 46 70 636 7417
Magnus Dalhammar, Head of Investor Relations, Phone 46 8 614 2130, 46 73 524
2130
Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family a hundred years ago, is the leading
owner of high quality Nordic-based international companies. Through board
participation, our industrial experience, network and financial strength, we
strive to make our companies best-in-class. Our holdings include, among
others, Atlas Copco, SEB, ABB, Ericsson and Mölnlycke Health Care.

Attachments

01282166.pdf