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 across its key regions. Despite this quarterly setback, the company's total shareholder return for the whole of 2024 was a positive 27%.
The company noted varying economic performance across different regions. The U.S. is reportedly doing relatively well, while Europe continues to face economic challenges. The anticipated recovery of the Chinese economy has not yet taken hold. The company acknowledged the recent easing of tensions in the Middle East as a positive development, but stated that the overall geopolitical climate continues to be strained.
Investor AB also reported an increase in its net asset value per share, which rose to 268 Swedish kronor ($24.35) at the end of December 2024, up from 234 kronor a year prior. When adjusted, the net asset value per share stood at 317 kronor. However, the company also recorded a net loss attributable to shareholders of 31.7 billion kronor in the fourth quarter.
Chief Executive Christian Cederholm commented on the recent inauguration of the new U.S. President, noting that the impact of the new administration's policies on global trade, inflation, interest rates, and the geopolitical landscape is yet to be seen.
Investor AB proposed a full-year dividend of 5.20 kronor for 2024, an increase from the 4.80 kronor dividend of the previous year.
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