Kinnevik AB (OTCPK:KNVKF) Earnings Conference Call July 9, 2024 4:00 AM ET
Company Participants
Georgi Ganev - CEO
Samuel Sjostrom - CFO
Torun Litzen - Director of Corporate Communications
Conference Call Participants
Linus Sigurdson - DNB Markets
David Johansson - Nordea Market
Andreas Joelsson - Carnegie
Derek Laliberte - ABG Sundal Collier
Operator
Good day, and thank you for standing by. Welcome to the Kinnevik Q2 Report 2024 Conference Call and Webcast. At this time, all participants are in listen-only mode. After the speakers' presentation, there will be a question-and-answer session. [Operator Instructions] Please note that today's conference is being recorded.
I would now like to turn the conference over to your speaker, Georgi Ganev, CEO. Please go ahead, sir.
Georgi Ganev
Thank you, and good morning, everyone, and welcome to the presentation of Kinnevik's result for the second quarter of 2024. I'm Georgi Ganev, Kinnevik's CEO and with me today is our CFO, Samuel Sjostrom, and our Director of Corporate Communications, Torun Litzen.
On today's call, we will walk you through the key events during the quarter, including our most recent investment activity and the completion of the second and largest step of the Tele2 divestment. I will also give a short update on our core growth companies and how they continue to deliver a strong operational performance and the continued challenges we also see in our e-commerce companies. Samuel will then cover our financial position and the development of our net asset value. Finally, I will talk about our priorities and expectations as we embark further on our next phase as a leading growth investor. And as usual, we will end with a Q&A.
So, let's start on Page 4. Closing the second step in the divestment of Tele2 to iliad/NJJ in the quarter is a true milestone for Kinnevik. We