Altamir: slight decline in its Revalued Net Assets per share


(AOF) – In the first quarter of 2024, the Net Revalued Assets per Altamir share amounted to 35.31 euros, down 0.9% compared to December 31, 2023 (35.62 euros). The Revalued Net Assets (shareholders’ equity under IFRS) amounted to 1.29 billion euros as of March 31, 2024 (compared to 1.30 billion euros as of December 31, 2023). No new companies were acquired during the quarter. On the other hand, additional investments amounting to 17.4 million euros were recorded during this quarter.

Disposal proceeds and income received during the quarter mainly include €59.6 million linked to the refinancing of Thom and €3.8 million linked to a total sale carried out by the Apax Development fund.

The corporate accounts show a net cash position of -16 million euros as of March 31, 2024 (compared to -43.2 million euros as of December 31, 2023).

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