Corporacion Financiera Alba (ES:ALB) has released an update.
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Corporación Financiera Alba reported a net profit of 92M€ for the first half of 2024, marking a decrease from the previous year’s 147M€, attributed to lower affiliate contributions and a dip in the fair value of investments, despite higher dividend income. The company’s NAV fell to 5.578M€, while the share price appreciated by 6.3%. Alba also made new investments totaling 46M€ and paid out a dividend of 0.96€ per share.
For further insights into ES:ALB stock, check out TipRanks’ Stock Analysis page.
