Investing.com — Investor AB reported a negative total shareholder return of 6% for the fourth quarter of 2024. This comes amid a global macroeconomic environment that remains uncertain, with mixed results in key regions. Despite this quarterly setback, the company’s total shareholder return for the full year 2024 was a positive 27%.
The company has seen different economic results in different regions. The US is reportedly doing relatively well, while Europe continues to face economic challenges. The expected recovery of the Chinese economy has not yet taken root. The company acknowledged the recent easing of tensions in the Middle East as a positive development, but said the overall geopolitical climate remains tense.
Investor AB also reported an increase in its net asset value per share, which rose to SEK 268 ($24.35) at the end of December 2024, up from SEK 234 a year earlier. After the correction, the net asset value per share was 317 crowns. However, the company also recorded a net loss attributable to shareholders of 31.7 billion kroner in the fourth quarter.
CEO Christian Cederholm commented on the recent inauguration of a new US president, noting that the impact of the new administration’s policies on global trade, inflation, interest rates and the geopolitical landscape remains to be seen.
Investor AB has proposed a full-year dividend of 5.20 kroner for 2024, which is an increase from the previous year’s dividend of 4.80 kroner.
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