Altamir records a 2.9% increase in its ANR over nine months

Altamir announced an increase in its Net Asset Value (NAV) per share to €35.58 as of September 30, 2024, after distributing a dividend of €1.08 per share. This 2.9% increase over nine months is explained by the revaluation of the listed companies in its portfolio. The total NAV amounts to €1,299.2 million.

Third-quarter performance was driven by value creation of €16.9 million, notably through the disposal of Europe Snacks and the increase in ThoughtWorks' share price. Total disposals in the third quarter generated €141.4 million.

Over the same period, Altamir invested and committed €118.1 million, including a significant portion in new companies with growth potential. Net cash stood at -€70.2 million, supported by credit lines of €135 million.