Clairvest (TSE:CVG) has released an update.
Don't Miss our Black Friday Offers:
- Unlock your investing potential with TipRanks Premium - Now At 40% OFF!
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Clairvest Group Inc. has announced a positive first quarter for fiscal 2025 with a book value increase to $1,186.2 million and net income of $23.9 million. The company completed two platform investments, marking the end of the CEP VI Fund’s investments, and initiated the CEP VII investment program. Additionally, Clairvest realized significant gains from the sale of Winters Bros. Waste Systems of Long Island, and paid out dividends subsequent to the quarter’s end.
For further insights into TSE:CVG stock, check out TipRanks’ Stock Analysis page.