Saga Pure: First quarter 2022 financial results
(Oslo, 10 May 2022) Saga Pure ASA (Saga Pure, OSE: SAGA) reported a net profit in the first quarter 2022 of NOK 53.6 million (Q1 2021: NOK 147.8 million), corresponding to a year-to-date return on equity of 5 percent.“During the first quarter of 2022, we have witnessed volatile markets. We thus continue to be selective in our investment approach and focus on further developing the companies in our portfolio. We still have strong conviction of our portfolio companies, supported by our increased exposure in Bergen Carbon Solutions and Horisont Energi during the quarter. We hold a significant