Q3 2024 Investment AB Latour Earnings Call Transcript

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Nov 06, 2024

Nov 06, 2024 / 09:00AM GMT
Johan Hjertonsson - Investment AB Latour - President and CEO

Welcome to our Q3 report conference for this year 2024. Very welcome. I'm here together with the Anders Mörck our CFO. And if we go to the first slide, where we show our group structure, as you can see, the structure is completely unchanged compared to last time. We talked we had a good third quarter. Despite the changing business climate at the moment, water intake and excess are growing organically and profitability is at a healthy and strong level.

The general demand is fairly subdued in many markets that we operate on, but it varies between the regions and industries.

A weaker demand for businesses with exposure to the construction and real estate markets. But the picture is mixed as we will come back to later.

And if we go into the to yeah, the total return for the listed portfolio, right? Exactly. No change within the list portfolio. During the quarter.

Earlier this year, we increased our holding in SIXRX from 33.0% to 33.5% of the capital and votes. We also participated in HMS networks. New share

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