In today’s briefing:
- Softbank Group – Earnings Flash – Q3 FY 2023-24 Results – Lucror Analytics
Softbank Group – Earnings Flash – Q3 FY 2023-24 Results – Lucror Analytics
Softbank Group’s (SBG) Q3/23-24 results were positive as expected, with decent investment gains, a significant increase in NAV, along with stable and healthy LTV. The development came on the back of strong equity markets, at least in the US. Conversely, portfolio diversification has worsened severely. SBG intends to maintain share buybacks while actively making investments.