AMWatch

Altor Equity Partners sees strong growth

Altor increased is earnings 35 percent in 2019 after the company started managing a new customer's assets. Now the firm expands its team in Norway.

Photo: Altor Equity Partners

Altor Equity Partners increased its earnings by NOK 18 million (EUR 1.7 million) in 2019. According to the company's latest annual report, earnings reached NOK 70 million, up from NOK 52 million in 2018.

The equity fund books a profit of NOK 9 million after tax, up from NOK 6.3 million the year prior.

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