Financial results for the second quarter
The market value of the Group's securities in Major Listed Holdings amounted to SEK 43,248 million on 30 June, an increase of SEK 3,817* million corresponding to 9%* since 31 March 2008.
Korsnäs' revenue amounted to SEK 2,006 million (2,001) and operating profit was SEK 184 million (275).
The Group's total revenue amounted to SEK 2,068 million (2,037) and operating profit was SEK 164 million (272).
Profit after financial items, including changes in fair value of financial assets, amounted to SEK 3,496 million (3,335).
The profit per share was SEK 13.19 (12.46).
Events during the second quarter
Kinnevik completed joint public offer with Vostok Nafta for all shares in Kontakt East. Consideration was paid in July.
Kinnevik increased ownership in Relevant Traffic to 90% of shares and votes.
Financial results for the first half of the year
The market value of the Group's securities in Major Listed Holdings decreased by SEK 5,814* million corresponding to 11%* during the first half of the year.
Korsnäs' revenue amounted to SEK 3,960 million (3,929) and operating profit was SEK 348 million (507).
The Group's total revenue amounted to SEK 4,072 million (3,994) and operating profit was SEK 367 million (571).
Result after financial items , including changes in fair value of financial assets, amounted to a loss of SEK 5,782 million (profit of 9,614).
The loss per share was SEK 22.04 (profit of 36.13).
* Including dividends received.