Net asset value on December 31, 2018, was SEK 85.2 billion, or SEK 196 per share, a decrease of SEK 25 per share for the year. Including reinvested dividend, net asset value decreased by 9%. On February 7, 2019, net asset value was SEK 215 per share.
The total return for 2018 was -11% for the Class A shares and -9% for the Class C shares, compared with -4% for the Stockholm Stock Exchange’s total return index (SIXRX).
Earnings per share during 2018 were SEK -19.14 per share.
The debt-equities ratio as per December 31, 2018, was 7%, a decrease during the year of 3 percentage points.
In April shares in SSAB were sold for SEK 3.1 billion with a good return.
In November shares in ICA Gruppen were sold for SEK 1.7 billion with a favorable return, enabling a divestment of the remaining holding in May 2019.
During the year shares were acquired in Handelsbanken for SEK 0.7 billion, in Sandvik for SEK 0.6 billion and in Volvo for SEK 0.6 billion.
The Board of Directors proposes a dividend of SEK 5.75 per share (5.50).
