January - December 2023 - Net profit amounted to MSEK 4.4 (180.1).
-
Earnings per share amounted to
SEK 0.39 (16.22). -
Net asset value amounted to MSEK 922 (
SEK 83.24 per share) at December 31, 2023 , compared to MSEK 959 (SEK 86.59 per share) at December 31, 2022 . -
Net cash amounted to MSEK 209 (
SEK 18.89 per share) at December 31, 2023 , compared to MSEK 212 (SEK 19.11 per share) at December 31, 2022 . -
The 2023 Annual General Meeting resolved to pay a dividend of
3.75 SEK per share for FY 2022.
Fourth quarter 2023- Net profit/loss amounted to MSEK -14.2 (35.6).
-
Earnings per share amounted to
SEK -1.28 (3.21).
Distribution of profits
- Net profit/loss amounted to MSEK -14.2 (35.6).
-
Earnings per share amounted to
SEK -1.28 (3.21).
Distribution of profits
In addition, the Board of Directors proposes to the Annual General Meeting to vote on a continued share repurchase mandate.
Comments by the CEO
2023 presented a unique set of challenges, ranging from geopolitical instability, inflationary pressures and related monetary policies, as well as sluggish and uneven global growth. These challenges have translated to a certain extent to the private equity industry, with tighter capital structures, lower acquisition activity and more difficult exit paths.
While NAXS experienced a 1.5% contraction of the NAV/share during Q4 2023, the NAV/share nevertheless increased by 0.5% during the year (including the dividend paid in April).
The lower level of private equity activity was reflected in NAXS's portfolio, where underlying funds acquired 7 new portfolio companies and signed or closed 4 new exits during the financial year.
NAXS made 1 new commitment and 2 co-investments during 2023: a 1.5 MEUR commitment to
In April, NAXS paid a dividend of
Contact
+46 70 710 47 88
gosta.lundgren@naxs.se
This information is information that
https://news.cision.com/naxs-ab/r/naxs-year-end-report-2023,c3920427
https://mb.cision.com/Main/21307/3920427/2576282.pdf
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