Reply To: Veteranpoolen AB (Ticker: VAPB B)

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23 February 2021 at 15:36

#822

Markus Enge

Moderator

Thanks, great input Tommy!

Q4 of Veteranpoolen was disappointing to me, however, the market sent it up 19% (as we speak) so sold about 1/3 of my holding. They have suggested a dividend of 2,75 for 2019 and 2020. Management is blaming the 13% YoY decline on Covid (all pensioners above 70 cannot take engagement involving other people), but still, around 10% out of the 13% is related to the large engagement lost in Q4 2019.