Novo Holdings CEO hopes weak annual report is an isolated occurrence

Novo Holdings saw its net result drop 80% in 2022 – and 2023 looks like another ”tough year,” says CEO Kasim Kutay – though he hopes for a better result. 
Kasim Kutay, CEO of Novo Holdings | Photo: Novo Holdings / Pr
Kasim Kutay, CEO of Novo Holdings | Photo: Novo Holdings / Pr
by christopher due karlsson, translated by daniel pedersen

Last year brought a pretty unusual profit drop for Novo Holdings, Denmark’s biggest holding company. The result of 2022 was thus the investment company’s worst in 11 years.

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