Core investments bolster Investor growth
TT/The Local · 11 Jul 2007, 11:27
Published: 11 Jul 2007 11:27 GMT+02:00
Net income in the first half of 2007 was 26,7 billion kronor, up from 9 billion kronor in the same period last year.
The company's core investments contributed over 20 billion kronor to net income. ABB, Scania and Atlas Copco were the main drivers, adding 5.7 billion kronor, 5.5 billion kronor and 4.2 billion kronor respectively.
Mobile operator Tre Skandinavien, in which Investor is a part owner, showed good growth in both Sweden and Denmark increasing its subscriber base in the first half of 2007 by 135,000 to 806,000. Earlier in the year Investor pumped another half a billion kronor into Tre, bringing its total investment in the mobile operator to 4.5 billion kronor.