* The market value of the Group's holdings of listed securities
increased during the first quarter by 16%, corresponding to SEK
5,961 million. On 31 March 2007, the market value of the listed
share portfolio was SEK 43,162 million.
* Korsnäs Industrial's revenues amounted to SEK 1,715 million, an
increase by 8% compared to SEK 1,590 million pro forma including
Frövi for the the first quarter last year.
* Operating profit for Korsnäs Industrial amounted to SEK 214 million
compared to SEK 235 million pro forma for the first quarter 2006.
* The Group's total revenue amounted to SEK 1,957 million (1,245) and
operating profit for the first quarter was SEK 290 million (140).
* Profit after tax, including fair-value changes of financial assets,
amounted to SEK 6,107 million (7,353).
* The profit per share was SEK 23.13 (27.88).
* Kinnevik has earlier today announced that it has entered into an
agreement with a wholly owned Swedish subsidiary to the Icelandic
investment company Milestone ehf. ("Milestone") to sell all its
shares in Invik & Co. AB (publ) ("Invik") for a total consideration
of SEK 1,088,843,230, corresponding to SEK 253 for each class A
share and SEK 230 for each class B share. The sale is conditional
on Milestone obtaining approvals from the relevant financial
supervisory authorities. Kinnevik's agreement with Milestone
includes that Milestone already today announces a voluntary offer
for all outstanding shares and other financial instruments in Invik
and hence all Invik's shareholders are offered to sell their shares
at the same price as Kinnevik.
The full report with tables can be downloaded from the following
link:
