Lithuanian asset manager Invalda's H1 net profit drops

Invalda Invl AB

31/08/2026 07:43

Overview
Lithuania asset manager's H1 net profit fell to EUR 7.9 mln from EUR 18 mln yr earlier
Revenue from client asset management rose 28.8% yr/yr to EUR 11.3 mln
Company to redeem EUR 10 mln bond ahead of schedule in September

Outlook
Company did not provide specific guidance for the current quarter or full year in the press release

Result Drivers
ASSET MANAGEMENT GROWTH - Co said core asset management business grew consistently, with client asset management revenue up 28.8% yr/yr
EQUITY INVESTMENT IMPACT - Co said limited profit from other equity investments shaped overall H1 result
SPECIFIC INVESTMENT GAINS AND LOSSES - Co said profit was boosted by investments in maib and Litagra, while fall in Artea bank share price had negative impact

Company press release: ID:nGNES0LvG

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
H1 Net Income
 
EUR 7.90 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.)