The total return of Industrivärden minus 12% | Realtid.se

This can be compared to 4% for the total return index of the Stockholm Stock Exchange (SIXRX). This is demonstrated by the interim report presented today.

"In summary, it can be noted that the trend of total income from the share was low during the first half of the year. However, I see clear potential in our holdings, which creates a good basis for long-term shareholder value, "writes Helena Stjernholm.

The net asset value as of June 30, 2018 was SEK 96.4 billion or SEK 222 per share, an increase in the first half of the year with 1 per share. Taking into account the dividends reinvested, the net asset value increased by 2% over the period

At the end of the period, the value of the portfolio was SEK 103.6 billion and the net debt of 7.2 billion, representing a debt ratio of 7%. This means, according to the report, that the debt ratio has decreased by 3 points since the beginning of the year.

During the first half, the value of the equity portfolio adjusted for purchases and sales decreased by SEK 1.2 billion. As of June 30, 2018, the value of the equity portfolio amounted to SEK 103.6 billion or SEK 238 per share. Interests in Sandvik and Ericsson have clearly contributed to the development of the equity portfolio, writes Industrivärden in the report.

In the first half of 2018, Handelsbanken shares were purchased for SEK 0.4 billion and Volvo for SEK 0.1 billion. During the same period, SSAB shares were sold for SEK 3.1 billion.

Over the past three years, holdings in SCA, Sandvik, Volvo and Essity have outperformed the total return index (SIXRX). SSAB had an online development with the global return index. Holdings in Skanska, ICA Group, Handelsbanken and Ericsson showed an overall yield lower than the Total Return Index (SIXRX).