Brief: Altamir End-December NAV At 1.13 Billion Euros

Altamir Sca

10/03/2021 17:23

March 10 (Reuters) - ALTAMIR SCA  ALMP.PA :
    * END-DEC NAV AT 1.13 BILLION EUROS OR EUR 30.9 PER SHARE
    * PROPOSES DIVIDEND OF EUR 1.09 PER SHARE, INCLUDING EUR
0.92 FOR
2020 AND EUR 0.17 FOR 2019
    * THE PERFORMANCE OF THE PORTFOLIO COMPANIES IS EXPECTED TO
REMAIN
STRONG, WITH AVERAGE ORGANIC EBITDA GROWTH OF AROUND 7% PER YEAR
    * FOR NEXT 5 YEARS, EXCEPT FOR A MAJOR EXTERNAL EVENT,
MANAGEMENT
EXPECTS TOTAL INVESTED AMOUNT OF € 170M PER YEAR ON AVERAGE
    * AVERAGE WEIGHTED EBITDA UP 13.1% IN 2020
    * FOR NEXT 5 YEARS, EXCEPT FOR A MAJOR EXTERNAL EVENT, THE
MANAGEMENT EXPECTS AMOUNT OF DISPOSAL PROCEEDS OF € 230M PER
YEAR ON AVERAGE
    * FOR NEXT 5 YEARS, SEES ORGANIC GROWTH IN AVERAGE EBITDA OF
AROUND 7% PER YEAR

Source text for Eikon:  ID:nACT68185 
Further company coverage:  ALMP.PA 

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