Gimv: record net profit for the 2023/2024 financial year
The Belgian investment company said it had generated a net profit, group share, of 217.1 million euros, or 7.8 euros per share, for the financial year ended March, compared with a loss of 59.5 million euros (-2.2 euros per share) in the previous year.
In its press release, the Group highlights the growth achieved by the companies in its portfolio, whose sales increased by 15%, while operating profitability rose by 20%.
Taking into account the cash proceeds from its divestments (364.6 million euros, i.e. double the amount year-on-year), the portfolio's yield reached a total of 19.1%.
Gimv, whose assets now exceed 1.55 billion euros, says it expects to pay a stable annual dividend of 2.6 euros.
Listed on the Brussels stock exchange, the share fell by around 0.6% on Thursday following this publication.
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