NAXS AB, Half-year financial report January - June 2024
- Net profit amounted to MSEK -30.9 (7.2).
- Earnings per share amounted to SEK -2.79 (0.65).
- Net asset value amounted to MSEK 844 (SEK 76.20 per share) at June 30, 2024, compared to MSEK 922 (SEK 83.24 per share) at December 31, 2023.
- Net cash amounted to MSEK 187 (SEK 16.88 per share) at June 30, 2024, compared to MSEK 209 (SEK 18.89 per share) at December 31, 2023.
- Net profit amounted to MSEK -31.9 (3.3).
- Earnings per share amounted to SEK -2.88 (0.30).
- The 2024 Annual General Meeting resolved to pay a dividend of 4.25 SEK per share for FY 2023 and voted for a continued share repurchase mandate.
Comments by the CEO
The NAV/share contracted by 8.6% during the second quarter. Including the FY 2023 dividend paid in April, the NAV/share decreased by 3.5% during the second quarter and by 3.6% over 12 months.
Private equity activity has remained at lower-than-average levels since the start of the year. Nevertheless, there have been some green shoots in the exit market, which was reflected in NAXS's portfolio with 2 divestments signed during the quarter.
Gösta Lundgren
Contact
Gösta Lundgren, Interim CEO
+46 70 710 47 88
gosta.lundgren@naxs.se
This information is information that NAXS AB (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 persons set out above, at 19.30 CET on July 18, 2024.