Active and responsible ownership crucial in challenging times
Please note that all figures refer to continued operations, excluding Credit, unless stated otherwise
Highlights for Jan-Jun 2020 (Jan-Jun 2019)
EVENTS AFTER THE REPORTING PERIOD
Investment level in key funds as of August 20, 2020, was 5-10% in EQT IX and 80-85% in EQT Infrastructure IV
Investment and exit activity after the reporting period includes acquisition of IFS by EQT IX, add-on acquisitions by EQT VIII portfolio companies SUSE and Waystar, additional minority sell down in Musti Group by EQT Mid Market and acquisitions of Metlifecare and EdgeConneX by EQT Infrastructure IV
Presentation of EQT AB’s half-year report 2020
Financial analysts and media are invited to participate in a telephone conference, including a presentation at 08.30 CEST. The presentation for the telephone conference will be available on www.eqtgroup.com/shareholders/financial-reporting.
At the telephone conference, Christian Sinding, CEO and Managing Partner, and Kim Henriksson, CFO, will present the report, followed by a Q&A session.
To participate, please use the following dial-in details, at least 10 minutes in advance.
Sweden: +46 8 566 42 651
UK: +44 333 300 08 04
USA: +1 631 913 14 22
Confirmation Code: 74977855
The telephone conference can be followed live on www.eqtgroup.com/shareholders/financial-reporting and a recording will be available afterwards.
Information on EQT AB’s financial reporting
The EQT AB Group has a long-term business model founded on a promise to its fund investors to invest capital, drive value creation and create consistent attractive returns over a 5 to 10-year horizon. The Group’s financial model is primarily affected by the size of its fee-generating assets under management, the performance of the EQT funds and its ability to recruit and retain top talent. The Group operates in a market driven by long-term trends and thus believes quarterly financial statements are less relevant for investors in EQT AB’sshare. However, in order to provide the market with relevant and suitable information about the Group's development, EQT AB publishes quarterly announcements with key operating numbers that are relevant for the business performance (taking Nasdaq's guidance note for preparing interim management statements into consideration). In addition, EQT AB publishes a half-year report and a year-end report including financial statements and further information relevant for investors in the EQT AB share. EQT AB also publishes an annual report including sustainability reporting.
Kim Henriksson, CFO, +46 70 665 41 23
Nina Nornholm, Head of Communications, +46 70 855 03 56
EQT Press Office, email@example.com, +46 8 506 55 334
This is information that EQT AB (publ) is obliged to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the contact person set out above, at 07:00 CEST on August 20, 2020
EQT is a differentiated global investment organization with a 25-year track-record of consistent investment performance across multiple geographies, sectors, and strategies.
EQT has raised more than EUR 62 billion since inception and currently has around EUR 40 billion in assets under management across 19 active funds within three business segments – Private Capital, Real Assets and Credit. With its roots in the Wallenberg family's entrepreneurial mindset and philosophy of long-term ownership, EQT is guided by a set of strong values and a distinct corporate culture. EQT manages and advises funds and vehicles that invest across the world with the mission to future-proof companies, generate attractive returns and make a positive impact with everything EQT does.
The EQT AB Group comprises EQT AB (publ) and its direct and indirect subsidiaries, which include general partners and fund managers of EQT funds as well as entities advising EQT funds. EQT has offices in 17 countries across Europe, Asia Pacific and North America with more than 700 employees.
More info: www.eqtgroup.com
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