(CercleFinance.com) – The private equity company IDI publishes a revalued net asset (NAV) per share of 97.73 euros at the end of June 2023, up 12.4% over six months, thanks to the good performance of its portfolio of investments.
This progression also fully integrates the value of the sale of Flex Composite Group to Michelin, a sale which, ‘by realizing more than 12 times its investment, once again shows the relevance of the IDI business model’, according to the company.
The IDI also claims continued growth in its equity: as of June 30, they crossed the symbolic barrier of 700 million euros, increasing by 8.6% over the first half of the year to reach 730 million.