Financial Performance of Investment AB Latour in Latest Quarter

Investment AB Latour’s financial performance for the latest quarter has been reported. Key highlights include:

• Net profit declined to SEK 1.468 billion, primarily due to increased expenses.
• Operating profit fell to SEK 792 million.
• Net sales increased to SEK 7.095 billion, a rise from the same period last year.

Earnings Per Share (EPS) and Stock Price

• Earnings per share (EPS) was SEK 2.29, down from SEK 2.57 in the same quarter last year.
• The stock’s price has been affected by these developments, with some analysts revising their price targets downwards.

Analyst Reactions and Recommendations

• Pareto Securities has lowered its target price for Latour to 270 kronor from 277 kronor, while maintaining a “hold” recommendation.
• The company’s substansvärde, or book value per share, was 212 kronor as of August 18.

Key Financial Metrics

• Net profit: SEK 1.468 billion
• Operating profit: SEK 792 million
• Net sales: SEK 7.095 billion
• Earnings per share (EPS): SEK 2.29
• Substansvärde (book value per share): 212 kronor