2020-11-13 08:15 GMT+01
At today’s Capital Markets Day, starting at 12.30 (CET), Investor will:
- Provide an update on its strategic priorities and engaged ownership model
- Present the companies within Patricia Industries, where Mölnlycke will confirm continued strong growth in October 2020
- Confirm that the Board has decided not to propose a second dividend, following the dividend payment of SEK 6.9bn or SEK 9 per share in June 2020.
This year’s Capital Markets Day will be an online event featuring CEO Johan Forssell together with CFO Helena Saxon and other members of the management team. The CEOs of the companies within Patricia Industries will present at the event, which will include a short introduction of Mölnlycke’s new incoming CEO, Zlatko Rihter
“Investor entered the crisis in a strong financial position, and I am impressed by how the management teams in our companies have handled this challenging year. Going forward, we are committed to continue to create value. We have a proven ownership model, market-leading companies with significant exposure to accelerating trends and a strong industrial network to support value creation,” comments Johan Forssell, Investor’s President and CEO.
In June 2020, Investor paid out SEK 6.9bn in dividend to its shareholders, equaling SEK 9 per share. The Board has now reviewed the potential for a second dividend following the dividend decisions in the portfolio companies. Taking these into consideration, as well as the increased spread of covid-19 in many regions, the Board has decided not to propose a second dividend and will thus not call for an Extra General Meeting in 2020.
Investor maintains its dividend policy to distribute a high percentage of dividends received from its holdings within Listed Companies, as well as to pay a yield on other net assets in line with the market. The ambition is to pay a steadily rising dividend.
The full agenda and presentations will be available on Investor’s website, investorab.com, before the Capital Markets Day starts at 12:30 (CET). The event is expected to conclude at approximately 3:30pm (CET). To participate register at investorab.com.
For further information:
Viveka Hirdman-Ryrberg, Head of Corporate Communication and Sustainability,
Phone +46 70 550 3500
viveka.hirdman-ryrberg@investorab.com
Magnus Dalhammar, Head of Investor Relations,
Phone +46 73 524 2130
magnus.dalhammar@investorab.com
Our press releases can be accessed at www.investorab.com
Investor, founded by the Wallenberg family in 1916, is an engaged owner of high quality global companies. We have a long-term investment perspective. Through board participation, as well as industrial experience, our network and financial strength, we work continuously to support our companies to remain or become best-in-class. Our holdings include, among others, ABB, Atlas Copco, Ericsson, Mölnlycke and SEB.