EQT disappoints investors - share plummets

One of the recent stars of the Stockholm Stock Exchange, private equity company EQT, disappointed the market with its H1 report and the share price was down 10 percent. The CEO expects markets to be challenging and shaky.

Photo: EQT/PR

Disappointing figures in the H1 report from Swedish venture capital company EQT offset a sharp decline on the Stockholm Stock Exchange on Thursday. The price of EQT shares was down more than 10 percent from the closing price yesterday after the company reported an EBITDA of EUR 80 million in the first half of the year, compared with EUR 133 million in the same period last year.

CEO Christian Sinding wrote in the report that "some portfolio companies are going through really hard trials and the uncertainty makes it difficult to plan for the future" at the same time as "raising capital takes longer and is more complicated".

Read the whole article

Get 14 days free access.
No credit card required.

  • Access all locked articles
  • Receive our daily newsletters
  • Access our app
An error has occured. Please try again later.

Get full access for you and your coworkers.

Start a free company trial today

More from AMWatch

Pension funds eye honeypot in financing renewables

With a new type of project financing, PKA, PenSam and Storebrand's joint investment platform, AIP, will try to find an attractive gap in the force field of tightening competition among lenders and the decreasing availability of subsidies for renewable energy projects.

Further reading

Related articles

Latest news


Latest news from FinansWatch (dk)

Latest news from EnergyWatch

Latest news from ShippingWatch