GIMV NV

GIMB

Equity

ISIN BE0003699130 / Valor 656091

Euronext - Euronext Brussels (2024-12-23)

EUR 39.55-1.49%

GIMV NV
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About company

GIMV NV is a leading market player in the investment industry, focusing on five strategic investment platforms that address key societal issues such as digitalization, automation, electrification, energy efficiency, sustainable food, wellbeing, and healthcare. With over 40 years of experience in investing in innovation and entrepreneurship, GIMV partners with innovative companies to achieve sustainable growth and value creation. The company manages a diverse portfolio of around 60 companies with a combined turnover of EUR 3.7 billion and 20,000 employees, demonstrating its commitment to long-term success through patient capital and a flexible approach.

Summarized from source with an LLMView SourceSector: Finance

Record Net Profit

GIMV NV reported a record net profit of 217 million EUR for the financial year 2023-2024, translating to EUR 7.8 per share. This significant profit increase has led to a 17% growth in the company's Net Asset Value (NAV), which now stands at EUR 53.4 per share.

Strong Portfolio Performance

The portfolio companies of GIMV NV demonstrated robust growth, with overall sales increasing by 15% and operating profitability rising by 20%. This performance contributed to a portfolio result of 291.1 million EUR, yielding a portfolio return of 19.1% for the financial year 2023-2024.

Substantial Capital Gains from Exits

GIMV NV achieved significant capital gains from several successful exits, amounting to 193 million EUR in total results from net capital gains on sales, interest, and dividends. This was particularly notable given the challenging economic conditions and selective European private equity markets.

Investment and Exit Activities

During the financial year 2023-2024, GIMV NV invested 115.8 million EUR in expanding its portfolio, including five new portfolio companies. The company also realized exit proceeds of 364.6 million EUR, maintaining the portfolio value above 1.5 billion EUR despite a high level of exits.

Enhanced Liquidity Position

GIMV NV's available liquidity significantly increased to nearly 350 million EUR by the end of March 2024. This was bolstered by the strong net profit and exit proceeds, with the liquidity position expected to rise further to over 415 million EUR following the completion of the Acceo exit in April 2024.

Summarized from source with an LLMView Source

Key figures

-10.7%1Y

-25.9%3Y

-20.8%5Y

Performance

18.3%1Y

18.7%3Y

20.5%5Y

Volatility