Altur Investissement: slight decline in revalued net assets over the quarter – 2022/10/28 at 6:17 pm


(AOF) – Altur Investissement has published its revalued net assets (ANR, which represents the present value of the portfolio and balance sheet items) as of September 30, 2022, which amounts to 46.85 million euros, leading to a valuation of €11.10. It is down over a year when it amounted to 11.30 euros per share. As of September 30, 2022, Altur Investissement’s assets consisted of a portfolio of 15 companies, 3 FPCIs and 2 SLPs valued at €34.82 million and cash for €12.07 million.

They correspond to cash of 11.6 million euros supplemented by the liquidity contract plus treasury shares. The group has no financial debts.

Given the uncertainties linked to the war in Ukraine, the rise in commodity prices and the rise in interest rates, the Altur Investissement management team wishes to exercise caution on new investments. Priority is given to supporting the managers of companies in which the company has invested, as we have done in previous troubled times.

However, Altur Investissement is studying investment opportunities in sectors where its teams have expertise, such as Education or Proptech.

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