EVERGENT Investments, an investment company registered under the symbol EVER, announces that it has passed the threshold of half a billion euros in assets under management on June 30, 2023, i.e. an increase of 2.5% compared to June 30, 2022, and is strengthening its financial position after generating a net result in in the amount of 47.7 million euros, consisting of net profit in the amount of 26.2 million lei and net profit in the amount of 21.5 million lei.​

• The value of distributed dividends in 2023 was 82.7 million lei
• The total value of assets under management was 2,511 million lei
• The value of net assets amounted to 2,243 million lei
• The value of the net asset unit (VUAN) was 2.4424 lei
• 47.7 million lei is the net result
• In the first semester, 186.44 million lei were invested
• More than 50% of the asset portfolio is held by issuers that integrate ESG factors
• mWare Solutions, a private equity portfolio company of EVERGENT Investments, has developed a complete digitalization package

EVERGENT Investments continues to return value to its shareholders in both the short and long term, supported by recent years’ dividend payout rates and buyback programs. On June 28, 2023, the company began paying dividends for 2022 in the total amount of more than 82.7 million lei.

“Once again the threshold of half a billion euros of managed assets was exceeded and the consolidation of the financial position reflects the strength of the company in the context of increased volatility, the European and global macro-financial climate and the regional geopolitical situation. voltage We acted quickly and concentrated capital in sectors with development potential, investments reached 186.44 million lei. The pace of change is fast-paced, and it’s no surprise that there are significant disruptions in some areas, but they open up new opportunities for us. We have high standards for new investments, but we are expanding opportunities to optimize portfolio performance and create long-term value for all stakeholders,” said Mr. Claudio Dorosh, President and CEO of EVERGENT Investments.

Of the total value of assets under management, 75% is a portfolio of listed shares, and 10.8% is a portfolio of unlisted shares. In accordance with the investment strategy, the company reconfigured the portfolio of assets and continued to pay special attention to companies in the energy sector with 22% of the total value of assets and the financial and banking sector with 41.3%.

EVERGENT Investments continues the development of companies from the Private equity portfolio

EVERGENT Investments’ distinctive private equity portfolio promotes long-term growth in the return on assets under management. So:

Lowland farms owned by the Agrointens company currently have a sown area of ​​105 hectares. The company is the market leader in blueberry production. Through future organic blueberry crops, EVER AGRIBIO will reach a new segment of the market with a rapidly growing demand.

ATRIA URBAN RESORT, a project developed by STRAULESTI LAC ALFA SA, aims to build 1378 apartments. The project, which has reached the third phase of implementation, is already aligned with nZeb energy efficiency standards. ATRIA has been awarded numerous awards, and among the most recent awards is “Redevelopment/Renovation of Housing 2022-2023”.

Mware Solutions, a company in the IT sector, has developed a complete digitization package that includes, in addition to the existing BigConnect products, an Enterprise edition database and a low-code framework for application development, which is currently a complete alternative and much more competitive compared to technological package offered by other players on the market.

About EVERGENT Investments

EVERGENT Investments, with more than 30 years of experience in the Romanian capital market, is an innovator that contributes to the development of the community of which it is a part. Applying a well-articulated and responsible strategy, EVERGENT Investments effectively exploits investment opportunities both in the capital market and through direct investment projects in agribusiness, real estate and technology.

Through its predictable dividend policy and buyback programs, the company offers shareholders both short-term returns and the long-term prospect of increasing the value of the assets held. Over the past 15 years, the company has distributed dividends worth more than 750 million lei. www.evergent.ro

Article based on EVERGENT Investments