Financial targets

Financial targets
Attractive returns Kinnevik’s objective is to generate a long-term total return to our shareholders in excess of our cost of capital. We aim to deliver an annual total shareholder return of 12–15 percent over the business cycle.
Low leverage Given the nature of Kinnevik’s investments, our goal is to carry low leverage, not exceeding 10 percent of portfolio value.
Shareholder remuneration policy Kinnevik generates shareholder returns primarily through capital appreciation, and will seek to return excess capital generated by its investments to shareholders through extra dividends.