Nordic Business Report-April 25, 2006-Ledstiernan AB posts Q1 operating result of SEK17.58m
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The Swedish venture capital company Ledstiernan AB issued its first quarter figures on Tuesday (25 April), reporting an operating result of SEK17.58m, as compared to SEK0.71m in the first quarter of 2005.
Exit gains increased from SEK4.35m in the first quarter of 2005 to SEK17.49m in the first quarter this year. The result from the portfolio holdings was also boosted by value adjustments of SEK3.25m.
One Swedish krona (SEK) is worth approximately 0.07 British pounds (GBP).
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