NAXS Interim Report January-September 2019
Nine months 2019
Net profit/loss for the period amounted to MSEK 26.4 (22.2).
Earnings per share amounted to SEK 2.29 (1.70).
Net asset value amounted to MSEK 717 (SEK 64.16 per share) at September 30, 2019,
compared to MSEK 736 (SEK 61.81 per share) at year-end 2018. The fact that the total
net asset value decreased, while the net asset value per share increased is due to the
shares repurchases made during the period.
Net cash amounted to MSEK 194 (SEK 17.40 per share) at September 30, 2019,
compared to MSEK 261 (SEK 21.94 per share) at year-end 2018.
The 2019 Annual General Meeting resolved that a dividend of 2.78 SEK per share to the
shareholders for FY 2018.
Third quarter 2019
• Net profit/loss for the quarter amounted to MSEK 11.7 (10.6).
• Earnings per share amounted to SEK 1.05 (0.86).
Comments by the CEO
NAXS delivered a steady performance during the third quarter of 2019,
with the NAV/share growing by 3% during the quarter and by 7.4%
over 12 months, including the dividend paid.
NAXS has a robust balance sheet and the Company continues to asses
potential investment opportunities.