*

Hitt og þetta 25. apríl 2006

Ledstiernan AB posts Q1 operating result of SEK17.58m

Nordic Business Report-April 25, 2006-Ledstiernan AB posts Q1 operating result of SEK17.58m
(C)1994-2006 M2 COMMUNICATIONS LTD http://www.m2.com

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).

((Comments on this story may be sent to tww.feedback@m2.com))