Gimv rises after strong Q1 update, on track to beat targets

Gimv NV

02/09/2025 08:50

** Shares in Gimv GIMV.BR rise around 2% after the Belgium-based private equity firm published a strong Q1 update

** Quarterly net asset value (NAV) per share rose to 52.4 euros, while portfolio return came at 4.7%

** "Robust" EBITDA growth drove portfolio performance, as co shows "strong momentum", KBC says

** The broker also notes Gimv's valuable exit from Itineris and over 300 million euros in new investments, acquisitions, capital increase for TINC

** Co has "healthy" liquidity, is on track to beat its Capital Markets Day targets, KBC adds, keeping its "buy" rating

** Shares on track for their best day in six weeks, if gains hold

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))