Kinnevik AB 'B'

Kinnevik Registered B published results for the quarter ended 30 June 2026: earnings per share rose to SEK 6.20 from SEK 2.26 a year earlier. Revenue remained at SEK 2.0 million, unchanged from the previous year. No further operational details in the report. » Plus sur finanzen.net

Kinnevik recorded a 22% NAV decline in Q1 2026 to SEK 27.9bn (SEK 101 per share) and a share price plunge of roughly 67.5% following significant valuation headwinds across its portfolio. Cash remained at SEK 7.5bn, while larger holdings showed strong revenue growth in health and software. Management plans cost cuts (target: −35% of cash‑effective management costs by 2027), an exit from climate‑tech, increased AI integration and organizational restructuring under interim CEO Rubin Ritter. » Plus sur de.investing.com

Swedish investor Kinnevik has replaced Georgi Ganev with immediate effect; board member Rubin Ritter is taking over as interim leader. Ganev’s accelerated exit is linked to a critical report by short seller Ningi Research, which at one point triggered a share price slide of up to 17 percent. Ritter, on the board since May 2025 and former co‑chief of Zalando, plans to carry out an internal review of the team, culture, ways of working and the portfolio while the board searches for a permanent CEO. » Plus sur manager-magazin.de