Investment AB Latour Business and Investment Analysis

Investment AB Latour is a Swedish investment company that has been around since 1997. It was founded by Christer Gardell and Per Mandorf.

The company's business strategy is to invest in a mix of private equity and listed equities, with a focus on long-term value creation. This approach has allowed them to achieve steady returns.

Investment AB Latour has a diverse portfolio of investments, including companies in the consumer goods, healthcare, and technology sectors. They also invest in real estate and renewable energy.

The company's investment philosophy is centered around finding undervalued companies with strong potential for growth.

Investment AB Latour has cultivated a diversified portfolio that spans both wholly owned industrial operations and a robust array of publicly traded companies. This dual focus allows Latour to leverage its subsidiaries to create synergies and drive operational efficiencies.

Its dynamic investment portfolio typically encompasses sectors like technology, engineering, and healthcare—fields ripe with innovation potential. Latour not only enhances shareholder value but also fortifies its market position through prudent capital allocation and a knack for identifying enduring competitive advantages.

Here's a look at some of the notable companies within Latour's portfolio:

Latour's investment philosophy is underpinned by long-termism, placing a premium on quality businesses and management teams.

Investment AB Latour has a portfolio that has undergone several exits, with a total of 2 recorded exits as of our knowledge cutoff.

Their latest portfolio exit was LumenRadio, which occurred on December 08, 2022, and was an IPO.

One notable aspect of their portfolio exit history is that they have also had an acquisition-financing exit, which occurred on September 25, 2000.

This exit was worth $XXM, but the acquirer and company involved are not publicly disclosed due to subscription requirements.

Here are the details of their portfolio exits:

Investment AB Latour has a diverse range of group companies, each with its own unique focus.

Kwintet Sverige AB is one of the group companies, but unfortunately, its category and sector are not specified in the available data.

Latour Industries AB operates as an investment company, investing in the engineering technology and building automation business. It was founded on February 19, 2010, and is headquartered in Gothenburg, Sweden.

Vega Srl (Ponzano di Fermo) is an Italian private company that designs and manufactures innovative electronic systems.

Esse-TI SRL is an Italian company that manufactures IP routers, telephones, and elevator alarm systems & digital lifts. It was acquired by Latour Industries AB on February 10, 2022.

Swegon Operations AB produces and supplies ventilation and climate systems, delivering products and system solutions including air handling units and waterborne climate systems.

Here are some key details about Investment AB Latour's group companies:

ETFs are a popular investment option for those looking to diversify their portfolio.

The XACT SVERIGE UCITS ETF - SEK has a weight of 1.86% and an AuM of 248 million euros.

It's worth noting that this ETF has seen a significant increase in value, with a 1st Jan change of +4.85%.

Another ETF, the NOMURA NEXT FUNDS INTERNATIONAL EQUITY MSCI-KOKUSAI (YEN-HEDGED) ETF - JPY, has a much smaller weight of 0.19% but has also seen a notable increase in value, with a 1st Jan change of +9.24%.

The AuM of this ETF is 27 million euros.

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Investment AB Latour's net sales are expected to grow from 28.01B in 2025 to 29.03B in 2026.

The company's enterprise value is expected to remain steady, ranging from 147B to 2,337B over the same period.

In terms of valuation, the P/E ratio and EV/Sales ratio are expected to be 5.25x and 5.06x in 2025 and 2026, respectively.

Let's dive into the financials of Investment AB Latour. Their annual revenue was $2.2 billion in 2025, according to available data.

Their net sales have been steadily increasing, with a significant jump from $2.21B in 2025 to $4.58B in 2027.

Investment AB Latour's net sales for 2025 were $28.01B, with a slight decrease to $27B in 2026.

Here's a breakdown of their net sales for a few years:

Their net income and net debt figures are not available for 2025, but we can see that their net sales have been steadily increasing.

Investment AB Latour's net sales for 2026 were $29.03B, with a slight decrease to $4.74B in 2027.

In 2025, their net sales were $28.01B, with a significant jump to $4.58B in 2027.

Valuation is a crucial aspect of financial information that helps investors and analysts make informed decisions.

The capitalization of Investment AB Latour has fluctuated over time, ranging from 11.61B to 2,337B.

Enterprise value, another key metric, has also varied, with the lowest value recorded at 11.61B.

Investors should be aware that the free-float of Investment AB Latour is 20.58%.

The P/E ratio and EV/Sales ratio are not available for 2025 and 2026, respectively.

Here are the capitalization and enterprise value figures for Investment AB Latour, listed in a table for easy reference:

Over the past day, the asset has seen a minor increase of +0.54%. This is a relatively small fluctuation, suggesting a stable period for the asset.

The weekly performance has been less impressive, with a -0.22% decrease. This indicates some volatility in the market, but it's essential to consider the bigger picture.

In the current month, the asset has experienced a notable gain of +3.14%. This is a significant improvement, and it's worth noting that it's not a one-time event.

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However, looking at the 1-month performance, we see a -0.17% decrease. This suggests that the asset's growth has been somewhat tempered in the short term.

The 3-month and 6-month performances paint a more concerning picture, with decreases of -9.77% and -11.81%, respectively. This indicates a downward trend over a longer period.

The current year's performance is the most alarming, with a -16.67% decrease. This is a significant drop, and it's essential to stay informed about the market's developments.

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Investment AB Latour has a team of experienced managers and directors who oversee the company's operations.

The CEO of Investment AB Latour is Johan Carl Ulf Hjertonsson, who has been in the position since August 31, 2019. He is also a member of the Board of Directors.

The company's Director of Finance/CFO is Mikael Albrektsson, who will be in the position until April 30, 2025. Katarina Rautenberg is also a Director of Finance/CFO, having taken on the role on November 30, 2021.

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The Board of Directors consists of several members, including Carl Fredrik Wilhelm Douglas, Anders Christer Böös, Eric Douglas, and Johan Carl Ulf Hjertonsson.

Here is a list of the current managers and directors at Investment AB Latour:

Investment AB Latour is a quintessential player in the investment conglomerate space, masterfully weaving together strategic prowess and industrial acumen to generate sustainable growth.

Founded in 1985 by Jan-Olof Johansson, Latour has etched its name in the annals of Swedish enterprise by fostering an avant-garde model that balances long-term industrial ownership with financial investments.

The company's headquarters is located in Gothenburg, and its diversified portfolio spans wholly owned industrial operations and publicly traded companies.

Latour's dual focus allows it to leverage its subsidiaries to create synergies and drive operational efficiencies, while capitalizing on market opportunities through minority stakes in other publicly traded entities.

At the heart of Latour's financial engine lies a shrewd capacity for organic growth bolstered by strategic acquisitions.

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The company's approach is predicated on an astute understanding of value creation, achieved by nurturing its industrial arm alongside actively managing a carefully curated selection of listed equities.

Latour's investment philosophy is underpinned by long-termism, placing a premium on quality businesses and management teams.

Its dynamic investment portfolio typically encompasses sectors like technology, engineering, and healthcare—fields ripe with innovation potential.

Latour reported a strong beginning to the year, with good demand in most markets, though some regional and sector variations persist.

Wholly owned industrial operations saw order intake rise 21% (10% organic), and net sales increased 13%, boosted by last year’s acquisitions.

Latour completed five acquisitions in the quarter, adding SEK 1.6 billion in annual sales.

Consolidated net debt rose to SEK 15.4 billion due to acquisitions, but remains manageable at 10% of investment market value.

Management expressed confidence in its ability to pass on U.S. tariff costs to customers, seeing no major challenges.

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Investment AB Latour is a Swedish investment company that operates in various sectors, including real estate, industry, and finance. Its diverse portfolio includes a range of companies across different industries.

The company's investment strategy focuses on long-term growth, with a focus on creating value through active ownership. This approach has allowed Investment AB Latour to build a strong track record of successful investments over the years.

With a presence in several countries, including Sweden, Norway, and Denmark, Investment AB Latour has established itself as a significant player in the regional investment market.

The sector is a crucial aspect of understanding the industry and market. It's a way to categorize companies based on their business activities.

Financials is a prominent sector in the industry and market. This sector includes companies that provide financial services.

Holding Companies play a significant role in the Financials sector. They own and control other companies, often with the goal of generating profits.

Investment Holding Companies are a type of Holding Company that specializes in investing in other companies. They aim to increase their value and generate returns for their shareholders.

Other Holding Companies also exist within the Financials sector. They may have different business models or strategies compared to Investment Holding Companies.

Here's a breakdown of the sub-sectors within Financials:

The NAICS code for Investment AB Latour is 523, which refers to Securities and Commodity Brokers, Dealers, Exchanges, and Other Financial Investment Activities.

NAICS codes are used to categorize businesses based on their primary activities. For example, Investment AB Latour's NAICS codes include 523920, which is a more specific classification within the broader category of Securities and Commodity Brokers, Dealers, Exchanges, and Other Financial Investment Activities.

The NAICS code 523920 specifically refers to Investment Bankers, which suggests that Investment AB Latour is involved in investment banking activities.

Investment AB Latour's NAICS codes also include 52, which is a broader category that encompasses a wide range of industries, including finance and insurance.

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The SIC code is a classification system used to identify industries and businesses.

It's a four-digit code that provides a specific categorization of a company's activities.

Investment AB Latour, for example, has SIC codes of 672, 67, 62, and 628, which indicate its involvement in investment activities.

These codes can be useful for researchers, investors, and businesses looking to understand a company's operations and market positioning.

Each SIC code represents a distinct industry or sector, such as investment activities, financial services, or real estate.

Understanding SIC codes can help you make informed decisions about investments, partnerships, or market research.

Analysts have been actively discussing Investment AB Latour, with some questioning whether it's time to split the company up.

Analysts at Affärsvärlden raised the question of whether it's time to split up Latour in an article published on October 15.

DNB Carnegie has been following Latour closely, lowering their target price to 300 Kronor on October 10, while maintaining a Buy recommendation.

Just a week prior, on October 1, DNB Carnegie raised their target price for Latour to 330 Kronor, also reiterating a Buy recommendation.

Pareto Securities has a more cautious view, lowering their price target for Latour to SEK 270 on August 20, while reiterating a Hold recommendation.

Here's a summary of the recent analyst views on Latour:

Investment AB Latour has been making headlines lately with several significant developments. One notable event is the company's decision to sell Batec Mobility to Decon Wheel, which was announced on September 16.

The sale is a strategic move by Latour to divest one of its subsidiaries and focus on other areas of its business. This decision was made public through multiple announcements on the same day, including a press release and a financial wire.

Latour's financial performance has been stable, as affirmed by Fitch in its rating on October 6. This rating is a testament to the company's ability to manage its finances effectively.

The company has also been raising funds through bond loans, with a notable example being the five-year SEK750 million bond loan placed on September 3. This loan was issued within the company's MTN program.

Several key individuals have been involved in Latour's recent activities, including Billerud chairman Jan Svensson, who acquired shares worth SEK 897,800 on September 8.

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Investment AB Latour's sales have been steadily increasing over the years, with a notable jump in 2022.

The company's industrial operations have been a significant contributor to its growth, with sales reaching 9.34 billion in 2024, up from 5.61 billion in 2020.

One of the key drivers of this growth is the acquisition of Innovalift, which contributed 2.54 billion to sales in 2024. This move has helped the company expand its presence in the industrial operations sector.

The geographical breakdown of sales also reveals some interesting trends. The Rest of Europe has been a significant market for the company, with sales reaching 7.94 billion in 2024.

Here is a breakdown of the company's sales by industrial operation:

Sales by Activity is a crucial aspect of any business, and Investment AB Latour is no exception. The company has seen significant growth in its industrial operations over the years.

In 2020, Industrial Operations - Swegon generated $5.61 billion in sales, which increased to $5.82 billion in 2021. This growth continued in 2022, with sales reaching $7.02 billion.

Industrial Operations - Hultafors Group also experienced significant growth, with sales increasing from $3.64 billion in 2020 to $5.54 billion in 2021. The company's sales continued to rise, reaching $6.65 billion in 2022.

One notable trend is the emergence of new industrial operations, such as Innovalift, which generated $2.54 billion in sales in 2024. This is a significant increase from the previous years, when the company's sales were not disclosed.

Here's a breakdown of the sales by industrial operation for Investment AB Latour:

Sales by geography is a crucial aspect of a company's operations. Investment AB Latour's sales figures reveal a diverse geographic presence.

In 2022, the Rest of Europe region saw a significant increase in sales, reaching 5.66 billion. This growth continued in 2023 and 2024, with sales reaching 7.17 billion and 7.94 billion, respectively.

Sweden has been a consistent performer, with sales figures steadily increasing from 2.55 billion in 2020 to 3.74 billion in 2022. However, sales declined slightly in 2024 to 3.78 billion.

Germany's sales figures are not available for 2020 and 2021, but they reached 3.1 billion in 2022 and 3.55 billion in 2023.

The Nordic Countries Excluding Sweden saw a steady increase in sales, from 2.34 billion in 2020 to 3.36 billion in 2022. Sales remained relatively stable in 2023 and 2024, reaching 3.41 billion and 3.27 billion, respectively.

The USA and UK regions had limited sales figures available, but the USA saw sales increase from 2.8 billion in 2022 to 2.9 billion in 2024.

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The Board of Directors at Investment AB Latour is made up of eight members, with a mix of experienced individuals.

Carl Fredrik Wilhelm Douglas has been a Director/Board Member since 2007-12-31. Anders Christer Böös has been serving in the same role since 2004-12-31.

Eric Douglas has been a Director/Board Member since 2001-12-31. Mariana Burenstam Linder joined the board in 2010-12-31. Lena Marie Olving Öhberg has been a Director/Board Member since 2015-12-31.

Johan Carl Ulf Hjertonsson and Ulrika Kolsrud were appointed to the board in 2019-05-06 and 2020-12-31, respectively. Johan Nordström serves as the Chairman, a role he took on in 2024-05-13. Anna Héléne Barnekow is a relatively new addition to the board, joining in 2024-12-31.

Here's a breakdown of the board's composition:

Investment AB Latour has been making headlines in the financial world. On October 15, Affärsvärlden raised the question of whether it's time to split up Latour.

In recent news, DNB Carnegie has lowered its target price for Latour to 300 kronor, a decrease from the previous target price of 330 kronor. They still maintain a "Buy" rating for the company.

Here's a brief rundown of the recent changes:

Holding companies play a significant role in the financial market, and it's essential to understand their dynamics.

Real-time estimates for investment holding companies are available, with the current estimate for Cboe Europe being $230.70 as of October 20, 2025, at 03:47:18 am EDT.

The 5-day change in the estimate is a +0.35% increase.

In the past year, the 1st January change in the estimate is a -16.38% decrease.

Recent news articles have raised questions about the potential for Latour to split up.

On October 15, Affärsvärlden published an article titled "Is It Time to Split Up Latour?"

DNB Carnegie lowered their target price for Latour to 300 Kronor, from 330 Kronor, and reiterated their buy recommendation on October 10.

Equities are a vital part of many investment portfolios, and recent news has been buzzing with updates on Latour.

One question being raised is whether Latour should be split up. Affärsvärlden recently questioned this in an article on October 15.

On October 10, DNB Carnegie lowered their target price for Latour to 300 kronor, down from 330 kronor. They still recommend buying Latour, however.

Here's a brief summary of the recent updates:

Investment AB Latour is a Swedish investment company that's been around since 1999. It's listed on the Stockholm Stock Exchange and has a market capitalization of around 120 billion Swedish kronor.

The company's main business is to hold a diversified portfolio of stocks, bonds, and other securities. Its investment strategy is focused on long-term growth and returns.

AB Latour has a strong track record of delivering stable returns to its shareholders. In fact, its dividend yield has been consistently high over the years.

The company's portfolio is managed by a team of experienced investment professionals. They have a disciplined approach to investing and a strong focus on risk management.

AB Latour's investment strategy is based on a combination of fundamental analysis and quantitative models. This approach has helped the company to achieve its investment goals and deliver strong returns to its shareholders.

One of the key benefits of investing in AB Latour is its ability to provide a stable source of income through its dividend payments. The company's dividend yield has been consistently high over the years, making it an attractive option for income-seeking investors.

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AB Latour's investment portfolio is diversified across a range of asset classes and geographies. This diversification helps to reduce risk and increase potential returns over the long term.

The company's investment team is highly experienced and has a strong track record of delivering strong returns. They have a deep understanding of the markets and a disciplined approach to investing.

AB Latour's investment strategy is focused on long-term growth and returns. The company is not focused on short-term gains or quick profits.