Industrivarden mum on new Ericsson CEO as investment canada goose replica firm reports Q3
(Adds Industrivarden CEO comments, background)
Oct 6 (Reuters) Industrivarden CEO Helena Stjernholm said the top priority in the investment group underperforming holdings was to order but like it remained mum about the ongoing process to recruit a new chief for hard hit Ericsson.
Industrivarden holds canada goose big stakes in Swedish blue chips such as Ericsson, truckmaker canadian goose jacket Volvo, canada goose outlet store locations engineering firm Sandvik, banking group Handelsbanken and hygiene products firm SCA.
Industrivarden owns shares equal to around 15 pct of votes in Ericsson, Canada Goose Jackets which has 2018 canada goose outlet been struggling Canada Goose online for years and sacked its CEO in July.
Industrivarden CEO Helena Stjernholm declined to comment on canada goose deals process to recruit a new Ericsson CEO and view on future strategy for the mobile telecoms gear maker.
Business daily Dagens Industri said earlier this week that Ericsson board, where Stjernholm has a seat, is close to making a decision buy canada goose jacket on a new CEO.
Stjernholm, buy canada goose jacket cheap asked canada goose outlet toronto factory about Industrivardens patience with underperforming holdings, says: first https://www.canadagoosejacket-outlet.ca priority is to bring cheap Canada Goose order canada goose coats on sale where we think there is further Canada Goose Coats On Sale potential. time I think there will be changes, not only within the companies, but also in our portfolio. But we should do that in a sensible way in that case. That something that we will have to evaluate over time.
Stjernholm, canada goose coats asked if Industrivarden is still committed long term to its Ericsson holding, says: a long term asset management strategy in general, which I think is very good. So we continue to work on creating value in Canada Goose Parka the companies we have. But Canada Goose Outlet even if you have a long term strategy you need to look at different time horizons on what to do to build competitive companies, and canada goose store also create Canada Goose Online value.
Stjernholm, asked about progress with Industrivarden fresh canada goose black friday sale strategy to also invest in smaller sized listed Nordic companies, says: have a small group of people including myself working actively on that. If we look at midcap companies I feel that if we find the right opportunity, we could act today.
Industrivarden growth in net asset value was 14 pct in the Jan Sept period, including Canada Goose sale reinvested dividends, compared with canada goose clearance sale 6 pct for the Stockholm Stock Exchange canada goose clearance return index. Source text for Eikon: Further company coverage: (Reporting by Johannes Hellstrom; editing by Niklas Pollard).