AB Novestra’s half-yearly result, which will be presented on August 24, 2004, will show a better result than the previously indicated interval of a profit of MSEK 15 – 20. In connection with the report, Novestra will hold a presentation for investors in order to report in more detail on the development in the non-public portfolio companies.
”We are pleased with Novestra’s own result development during this year’s first six months. However, we regard the strong development in revenues and results among our non-public portfolio companies as being at least equally important, since it more reflects Novestra’s future potential. We look forward to presenting the development in our portfolio companies in more detail,” Novestra’s chairman, Theodor Dalenson, says.
For further information, please contact Theodor Dalenson, chairman, AB Novestra, phone No. +46 8 545 017 50.
About AB Novestra
Novestra is an independent investment company with a portfolio of small cap private as well as public companies. Novestra focuses on investing in companies with substantial growth or value potential.
Novestra’s portfolio of companies consists of i.a. Explorica, Inc., FLEXbridge Technologies, LLC, IBS AB (publ), inWarehouse AB (publ), Lagercrantz Group AB (publ), MyPublisher, Inc., Netsurvey AB, Pergo AB (publ), Qbranch AB and Strax Holdings, Inc. as well as the co-investment vehicle Continuum Group Ltd. The Novestra shares are listed on the O List of Stockholmsbörsen (the Stockholm Stock Exchange).
For further information regarding AB Novestra, please see www.novestra.com