The latest announcement is out from Institut de Developpement Industriel SA IDI ( (FR:IDIP) ).
IDI reported a 2.42% increase in its Net Asset Value (NAV) per share for 2024, reaching €91.52, with consolidated equity amounting to €696 million. The company has a strong investment capacity of €346 million, enabling it to pursue private equity opportunities in Europe. Despite a challenging economic and geopolitical environment, IDI completed eight operations, including two acquisitions and six external growth initiatives. The company plans to propose a dividend of €4.20 per share at the upcoming General Meeting, reflecting its commitment to providing attractive returns to shareholders. Significant achievements include the sale and reinvestment in the CDS/S4BT group, demonstrating IDI’s strategic agility and commitment to growth.
More about Institut de Developpement Industriel SA IDI
Institut de Developpement Industriel SA (IDI) operates in the private equity sector, focusing on investment opportunities primarily in Europe. The company engages in acquiring stakes in various businesses, supporting their growth strategies, and enhancing shareholder value through strategic investments.
YTD Price Performance: 4.99%
Average Trading Volume: 21
Technical Sentiment Signal: Strong Sell
Current Market Cap: €524.4M
See more data about IDIP stock on TipRanks’ Stock Analysis page.