Investor Annual Report 2023

2023 in brief

For Investor, it was a strong year, with our net asset value and total shareholder return outperforming the Swedish stock market, as well as exceeding our return requirement.

Listed Companies outperformed the SIXRX

  • Listed Companies’ total return was 25 percent, outperforming the SIXRX return index that 
    gained 19 percent.
  • Our companies continued to drive strategic initiatives such as investments in R&D and new 
    technology, acquisitions and portfolio management, while improving efficiency and adapting to the volatile market environment.

Strong earnings growth in Patricia Industries

  • The total return for Patricia Industries amounted to 24 percent.
  • Our subsidiaries grew sales by 9 percent organically in constant currency. Adjusted EBITA grew 26 percent.
  • Our companies continued to invest in organic growth initiatives and add-on acquisitions to future-proof their businesses.

Strong growth in EQT’s assets under management 

  • The reported value change of Investments in EQT amounted to 17 percent.
  • Net cash flow to Investor amounted to SEK -0.2bn.
  • Despite a tough fundraising environment, EQT successfully reached the fund size target 
    for EQT X.
  • EQT’s fee-generating assets amounted to EUR 130bn, an increase of 15 percent.