EQT rallies more than 11% after half-year report beats forecasts

Adjusted operating profit for the first half of the year totalled 837 million euros, up from 806 million euros in the same period last year. The average forecast among analysts was 739 million euros, according to Bloomberg.

Value gains in financial investments helped lift revenues to EUR 1.4 billion, up from EUR 1.3 billion.

During the first half of the year, EQT has returned almost EUR 17 billion to its customers.

“Returning capital to our customers remains one of our top priorities in the second half of the year,” says Franzén.