Canada's Clairvest Q1 net income rises on higher private equity portfolio valuations

Clairvest

14/08/2026 22:12

Overview
Canada private equity firm's fiscal Q1 book value per share rose 3.8% quarter-over-quarter
Net income for fiscal Q1 was C$48.4 mln, driven by portfolio valuation gains
Company paid C$0.9660 per share in dividends after quarter-end

Outlook
Company did not provide specific financial guidance for the current quarter or full year

Result Drivers
PORTFOLIO VALUATION GAINS - Co said net income was driven by a net increase in the valuation of its private equity investment portfolio
ASSET SALE PROCEEDS - Co completed the sale of its interest in Star Waste Systems, realizing total proceeds of US$138.6 mln

Company press release: ID:nGNX2lMVLw

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
Q1 EPS
 
C$3.61
 
Q1 Net Income and Comprehensive Income
 
C$48.36 mln
 

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(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)