Industrivärden
Logotype for Industrivärden

Industrivärden (INDU) investor relations material

Industrivärden Q4 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Industrivärden
Q4 2025 earnings summary6 Feb, 2026

Executive summary

  • Net asset value as of December 31, 2025, was SEK 191.6 bn (SEK 444/share), up 20% year-over-year; by February 5, 2026, it reached SEK 503/share.

  • Total return for Class A and C shares was 22% in 2025, outperforming the SIXRX index at 13%.

  • Board proposes a dividend of SEK 8.75/share for 2025, up from SEK 8.25.

Financial highlights

  • Net income for 2025 was SEK 35,401 mn (SEK 81.97/share), up from SEK 12,654 mn (SEK 29.30/share) in 2024.

  • Dividend income rose to SEK 9,532 mn from SEK 8,585 mn year-over-year.

  • Change in value of shares was SEK 26,244 mn, up from SEK 4,393 mn.

  • Market value of equities portfolio at year-end was SEK 197,473 mn, up 16% adjusted for purchases and sales.

Outlook and guidance

  • Net asset value per share increased to SEK 503 by February 5, 2026, indicating continued positive momentum into the new year.

What drove Essity and SCA's negative returns?
Why the specific bond tenor choices?
What is the impact of A/C share conversions?
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.

Next Industrivärden earnings date

Logotype for Industrivärden
Q1 202610 Apr, 2026
Industrivärden
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next Industrivärden earnings date

Logotype for Industrivärden
Q1 202610 Apr, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

AB Industrivärden is a publicly owned investment manager. The company invests primarily in the industrial sector and invests in Swedish and foreign securities listed on various stock exchanges. AB Industrivärden develops investment solutions in accordance with the goals of the mandate given to it by its owner, the Swedish National Pension Fund. The company is based in Stockholm, Sweden.

Quartr provides global coverage of all investor relation material from public companies.

  • Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.

  • Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.

  • Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.

Yes, the Quartr mobile app is free on both iOS and Android.

Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.

Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.

Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.

Explore our global coverage