Sofina SA

Latest Results (15.02.2026):

Sofina SA — Q4 2024 (full-year 2024): Sofina reports a strong full-year 2024 with Net Asset Value (NAV) rising to EUR 10.3 billion (EUR 311.77 per share), a year‑on‑year NAV increase of c.13%. The investment portfolio delivered substantial positive results in 2024, driving a materially positive net result for the group and supporting continued portfolio rotation and liquidity.

NAV and performance

NAV at 31 Dec 2024: EUR 10.3 bn (EUR 311.77 per share) vs EUR 9.1 bn a year earlier — roughly +13% YoY. Management highlights diversified value creation across geographies and sectors as the main driver.

Net result and drivers

Net result of the investment portfolio: EUR 1,386 million (2024) with net result (share of the group) around EUR 1,360 million. The result reflects strong operational performance in large portfolio companies and positive momentum across scale-ups and early‑stage investments.

Dividends and shareholder returns

Dividends paid in 2024: EUR 60 million. The Board proposes a gross dividend of EUR 3.50 per share for 2024.

Portfolio activity — investments & realisations

Active deployment and recycling of capital in 2024: investments ~EUR 951 million and divestments ~EUR 1,211 million, evidencing portfolio rotation and successful realisations in the direct portfolio.

Balance sheet and liquidity

Net cash position: EUR 334 million (net cash). Gross cash ~EUR 1,031 million, financial debt ~EUR 697 million, undrawn credit facilities ~EUR 1.2 billion; loan‑to‑value reported at -3.3% (low leverage).

Strategy, footprint and sustainability

Sofina reiterates its diversified, long‑term growth strategy across Sofina Direct, Sofina Growth and Sofina Private Funds, with geographic exposure to Europe, the US and Asia. The report notes continued focus on sustainability (including alignment efforts with the Paris goals and SBTi) and expansion of presence (10‑year Singapore anniversary and plans for a London office).