on IDI (EPA:IDIP)
Stable quarterly results for IDI as of September 30, 2024
Investment group IDI announced its quarterly results as of September 30, 2024, with consolidated equity of EUR 697 million. Net Asset Value (NAV) per share remained stable at EUR 91.94, marking a slight increase of 0.1% since the beginning of the year. This quarter was marked by intensified monitoring of existing investments and the exploration of new acquisition opportunities.
Christian Langlois-Meurinne, Chairman of the IDI Group, assured that the group has the resources and time necessary for a well-considered investment strategy. IDI's investment capacity reaches 300 million euros, supplemented by an undrawn revolving credit of 30 million euros.
In terms of performance, IDI has a strong track record, with an annualized return of 15.87% since its IPO. In addition, the group is making progress on its ESG objectives by anticipating CSRD compliance and publishing a PRI-compliant report.
R. P.
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