VNV reported a Q4 NAV per share which is down 8% q/q in SEK terms and the company ended the year with net cash of USD 5m. The main fair value changes during the quarter came from BlaBlaCar (-11% q/q) and Voi (-7% q/q), driven by listed peers trading down. The share price discount to Q4 NAV now lingers around 49%. The company highlights that the underlying portfolio continues to perform well.
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