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CVG Clairvest News Story

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PE firm Clairvest posts fiscal Q1 net income of C$21.3 mln

Overview

Clairvest fiscal Q1 net income was C$21.3 mln, driven by investment portfolio gains

Company invested in NCS Engineers and Beneficial Reuse Management

Clairvest repurchased and cancelled 8,100 shares at C$69.09/share

Result Drivers

INVESTMENT PORTFOLIO - Net income driven by increased valuation of private equity investments

NEW INVESTMENTS - Invested in NCS Engineers and Beneficial Reuse Management, expanding portfolio

FOLLOW-ON INVESTMENT - Additional investment in Acera Insurance Services to support growth

Key Details

MetricBeat/MissActualConsensus Estimate
Q1 EPSC$1.51
Q1 Net IncomeC$21.34 mln
Press Release: ID:nGNX2dx0zN (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.)

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