Brief: Gimv H1 Operating Result Up At 148.5 Million Euros

Gimv NV

18/11/2021 06:29

Nov 18 (Reuters) - Gimv NV  GIMV.BR :
    * SIGNIFICANT GROWTH AT OUR COMPANIES PRODUCES EXCELLENT
HALF
YEAR-RESULTS
    * H1 NET RESULT (GROUP’S SHARE): EUR 137 MILLION (EUR 5.1
PER
SHARE)
    * H1 PORTFOLIO RESULT: EUR 175.9 MILLION, OR A HALF-YEAR
PORTFOLIO
RETURN OF 14.3% (NON-ANNUALISED)
    * IN THE FIRST HALF OF FY 2021-22, WE INVESTED EUR 62.3
MILLION IN
4 NEW PORTFOLIO COMPANIES AND IN SOME SIGNIFICANT ADD-ON
INVESTMENTS
    * H1 OPERATING INCOME EUR 208.9 MILLION VERSUS EUR 173.0
MILLION
YEAR AGO
    * H1 OPERATING PROFIT EUR 148.5 MILLION VERSUS EUR 105.5
MILLION
YEAR AGO
    * H1 NET PROFIT EUR 142.0 MILLION VERSUS EUR 101.3 MILLION
YEAR
AGO
    * OUR SOLID BALANCE SHEET AND LIQUIDITY POSITION WILL ALLOW
US TO
CONTINUE INVESTING IN THE GROWTH  OF OUR PORTFOLIO
    * END-H1 EQUITY VALUE (GROUP’S SHARE): EUR 1 375.3 MILLION
OR EUR
51.6 PER SHARE, UP 11% COMPARED TO  EUR 46.5 (EXCLUDING.
DIVIDEND) AT THE END OF MARCH 2021
    * SEEKS TO MAINTAIN ITS CURRENT DIVIDEND POLICY
    * TOTAL AVAILABLE CASH AMOUNTED TO EUR 394 MILLION AT
END-SEPTEMBER 2021, AS AGAINST EUR 517.5 MILLION ON 31 MARCH
2021

Source text: https://bit.ly/3x1ie9E
Further company coverage:  GIMV.BR 

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