Siljansvik delivered a solid Q3 report, with clearly stronger operating earnings across essentially all major holdings, led by Sambygd, Dalakraft and Dala Vind. The quarter also marked the first consolidation of Kalmar Energi Försäljning and further steps in building the Närkraft electricity retail platform. TIC was unchanged q/q at SEK175 per share (SEK175 in Q2 and SEK161 in Q3’25), while NAV per share increased to SEK153 (SEK152 in Q2 and SEK149 in Q3’25). With the share trading at roughly a 29% discount to TIC, we continue to see an attractive risk/reward.
LÄS MER
