Q1 2025 Highlights

"The start of 2025 has brought volatility and uncertainty across financial markets. This, we are used to. What we are less accustomed to is that it stems from a threat to the global trade system. We deal with it by focusing on what we can impact and control - supporting our companies and allocating our capital with discipline and a long-term perspective. Amidst the market turmoil, our core companies continued to meet our expectations on growth and margin improvements in the quarter and raised more capital to fund a continued bias towards growth. In parallel, we improved our portfolio composition by releasing capital from smaller non-core investments in defocused areas."

Georgi Ganev, CEO of Kinnevik