- NAV of €394.9 million as at March 31st, 2016, i.e., €55.10 per share (*)
- NAV down 1.7% during the first quarter 2016
During the first quarter 2016, the Company's net asset value was down c. 1.7% to €394.9 million vs. €401.6 million as at December 31st, 2015. The NAV per share reported by the Company as at March 31st, 2016 is €55.1 vs. €56 as at December 31st, 2015.
The NAV decrease over the 1stquarter 2016 mostly reflects the impact of Latécoère's and Heurtey Petrochem's stock price decrease.
Salvepar's NAV evolution420
Net Asset Value (in €m)
400
380
380,1 380,2
401,6
394,9
360
340
320
300
30 Jun 15 30 Sept 15 31 Dec 15 31 Mar 16
The chart below shows the breakdown of Salvepar's NAV as at March 31st, 2016:
Breakdown of Salvepar's NAV as of March 31st, 2016 (1)Cash and investment securities net of debt 23.9%
Listed equity 13.6%
Non-listed equity 62.5%
(1)On the basis of the values included in the Company's NAV
2016 outlookOver the first quarter 2016, Salvepar especially completed an add-on investment in Asten Santé's capital (please refer to the press release of April 27th, 2016). As of today, the investment and exit prospects for Salvepar are strong and should remain as such in 2016.
About Salvepar
Salvepar, which is majority owned by the Tikehau group, is an investment holding listed on the Euronext Paris stock exchange (Compartment B). Salvepar pursues an active policy of minority investment in listed and non-listed companies, seeking sectorial and geographical diversification (in France and abroad).
www.salvepar.fr
Press contacts:
Salvepar: +33 (0)1 40 06 26 26 Image 7: + 44 (0) 7818 641 803
Geoffroy Renard - communication@salvepar.fr Grégoire Lucas - glucas@image7.fr
Estelle Guillot-Tantay - egt@image7.fr
SALVEPAR SA published this content on 04 May 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 05 May 2016 07:34:03 UTC.
Original documenthttp://www.salvepar.fr/resources/pages/pr--salvepar-q1-2016--final_1.pdf
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