Year-End Report, January 1 – December 31, 2025
- Net asset value on December 31, 2025, was SEK 191.6 bn, or SEK 444 per share. During the year, net asset value increased by 20%, corresponding to SEK 74 per share. On February 5, 2026, net asset value was SEK 503 per share.
- The total return for the year was 22% for the Class A shares, as well as for the Class C shares, compared with 13% for the Stockholm Stock Exchange’s total return index (SIXRX).
- During the year, shares were purchased for a total of SEK 4.6 bn, of which SEK 1.3 bn in Volvo, SEK 1.2 bn in Essity, SEK 1.0 bn in SCA, SEK 0.8 bn in Sandvik, SEK 0,2 bn in Handelsbanken and SEK 0.1 bn in Alleima.
- The Board of Directors proposes a dividend of SEK 8.75 per share (8.25).
| 2025 | 2024 | ||
| Dec 31 | Dec 31 | ||
| Net asset value, SEK mn | 191,553 | 159,590 | |
| Net asset value per share, SEK | 444 | 370 | |
| Share price, Industrivärden C, SEK | 415.00 | 349.10 | |
| Debt-equities ratio | 3% | 4% | |
| 2025 | 2024 | ||
| Jan – Dec | Jan – Dec | ||
| Earnings per share, SEK | 81.97 | 29.30 | |
| Dividend income, SEK mn | 9,532 | 8,585 | |
| Dividend paid, SEK mn | 3,563 | 3,347 | |
| Equities portfolio: | |||
| Purchases, SEK mn | 4,650 | 4,566 | |
| Sales, SEK mn | – | – |
This information is such that AB Industrivärden is required to make public pursuant to the EU Market Abuse Regulation. The information was submitted for publication, through the agency of the Head of Corporate Communications and Sustainability, Sverker Sivall (+46-8-666 64 19, ssl@industrivarden.se), at 3:00 p.m. CET on February 6, 2026.