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T&W Holding's historical result due to tailwinds on the financial markets

A diversified portfolio and very active financial markets made 2021 a good year for the Widex families’ holding company, T&W Holding, which now has a cash position of more than DKK 5bn (USD 738.1m). According to CEO Lars Nørgaard, the company’s investment strategy will continue unchanged.

Lars Nørgaard, CEO at T&W Holding | Photo: Gregers Tycho/ERH

A few days ago, the Widex families’ holding company, T&W Medical, presented a net result of no less than DKK 907m (USD 133.9m) for financial 2021.

Money is pouring in over the affluent descendants of Christian Tophølm and Erik Westermann, and the year’s result lifts the holding company’s cash position to over DKK 5bn (USD 738.1m). This result has been achieved through T&W Holding’s positive positioning on the stock market and more, says the company’s CEO, Lars Nørgaard.

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