(Boursier.com) — ALTUR Investment publishes its Net Asset Value (NAV) as of December 31, 2022, which amounts to 48.20 million euros, leading to a valuation of 11.42 euros per ordinary share (part of general partners and limited partners). It is relatively stable over the year (+0.44% in 2022).
Taking into account the disposals, the company’s net income for 2022, which will be published on April 30 at the latest, should be in an estimated range of between 3.6 and 3.9 million euros.
Outlook 2023
Given the uncertainties linked to the macroeconomic context and in particular to the rise in raw materials 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 in the process of finalizing investments which should be made during 2023 in sectors in which the company has expertise, namely proptech & climatech and education & training.
“The year 2022 was in line with expectations and made it possible to develop the strategy for the next 5 years. The company does not intend to move towards liquidative management. Under the leadership of Bertrand Cavalié and Rémy Lombard, two areas of expertise will mainly be developed: investment in education and training and investment in proptech and climatech”, indicates François Lombard, President of Suffren Holding and manager of Altur Investissement which adds: “These investments should be made within the framework of dedicated funds and raised from third parties, the amounts allocated by Altur Investissement in these sectors should initially be 8 to 10 million euros. available cash was €11.8 million as of December 31, 2022. It will be allocated to the payment of the buyback of shares contributed under the OPRA (up to €2,121,393.60), in the fund projects education & format ion and proptech & climatech and, if necessary, in another fund and will be kept to strengthen, if necessary, the current holdings in the context of a very uncertain context with the war in Ukraine. The governance bodies, Supervisory Board and General Meeting, will decide, when the time comes, on the distribution of a dividend. In view of the context, new significant disposals of interests will have to materialize before taking such a decision.
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