Interim Report January-June 2015


Highlights during the second quarter

  · Net asset value amounted to SEK 279,574 m. (SEK 367 per share) on June 30,
2015, a decrease of SEK 16,216 m. (SEK 21 per share) during the quarter,
corresponding to a change, including dividend added back, of -3 percent. Over
the past 20 years, annual average net asset value growth, with dividend added
back, has been 13 percent.
  · Investor’s new structure was implemented, with investments managed within
Listed Core Investments, EQT and Patricia Industries.
  · Shares were acquired in ABB for a total SEK 2.5 bn. Investor’s ownership
reached 9.5 percent of the capital and votes in the company.
  · Net cash flow from EQT investments amounted to SEK 2.5 bn. The value
increased by 16 percent in constant currency.

Financial information January-June 2015

  · Consolidated net profit for the period, which includes unrealized change in
value, was SEK 25,542 m. (SEK 33.54 basic earnings per share), compared to SEK
23,715 m. (SEK 31.12 basic earnings per share) for the same period 2014.
  · Listed Core Investments contributed SEK 18,476 m. to net asset value
(19,381).
  · EQT contributed SEK 3,093 m. to net asset value (2,653).
  · Patricia Industries contributed SEK 3,581 m. to net asset value (2,046).
  · Leverage (net debt/total assets) was 6.7 percent as of June 30, 2015 (7.3).
As a consequence of the reorganization, the reported leverage has been reduced
by the cash previously held by Investor Growth Capital, which is now included in
Investor’s gross cash.
  · Consolidated net sales for the period was SEK 11,911 m. (10,093).
For further information:

Stefan Stern, Head of Corporate Relations, Sustainability 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

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