AB Traction AB 2022 AR2
The report highlights AB Traction's financial and operational performance for the fiscal year 2022. Amid weak global stock markets, Traction's net asset value decreased by 9 percent, outperforming the Stockholm Stock Exchange which fell by 20 percent. The company's active listed holdings, such as BE Group, OEM International, and Nilörngruppen, continued to develop operationally, with several achieving record earnings. Traction maintained a strong financial position with approximately MSEK 1,400 in interest-bearing investments and cash, representing 37 percent of its net asset value. The company also continued its active ownership strategy across its listed and unlisted portfolios while emphasizing long-term sustainable business practices.
Company: AB Traction AB
Sector: Financials
Country: Sweden
Year: 2022
Type: AR2
Pages: 32
AB Traction AB
The report highlights AB Traction's financial and operational performance for the fiscal year 2022. Amid weak global stock markets, Traction's net asset value decreased by 9 percent, outperforming the Stockholm Stock Exchange which fell by 20 percent. The company's active listed holdings, such as BE Group, OEM International, and Nilörngruppen, continued to develop operationally, with several achieving record earnings. Traction maintained a strong financial position with approximately MSEK 1,400 in interest-bearing investments and cash, representing 37 percent of its net asset value. The company also continued its active ownership strategy across its listed and unlisted portfolios while emphasizing long-term sustainable business practices.
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Document Details
Report Year
2022
Reporting Period
2022
Fiscal Year
2022
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Materiality Assessment
ESG Data?Experimental: AI-extracted data, may contain inaccuracies
No data available