The difficult global economic situation with inflation and supply problems led to corrections for Swiss secondary stocks.
The Nebag holding company posted a loss of 2.1 million francs in the first half, against a profit of 7.3 million a year earlier. The difficult global economic situation with inflation and supply problems led to corrections for Swiss secondary stocks, Nebag said Thursday evening in its semi-annual report. The net performance for the period is -2.4%.
Taking into account the comparison markets (SMI: -16.6%, SPIEX: -23.1%), the company’s board of directors speaks of a “remarkable” result. The realized loss was 1.1 million during the period under review and the unrealized loss was 3.7 million. Realized price gains were 0.9 million and unrealized gains were 0.8 million.
Among its strategic holdings, Nebag holds shares in Plaston Holding, Thurella Immobilien and Polun Holding. Added to this are several holdings in Swiss companies listed on SIX or whose securities are traded off-exchange.
Nebag is confident for the 2nd half and expects inflation pressure to ease towards the end of the year and the portfolio to perform appreciably.