News from Companies

EVERGENT reports investments of RON 151.6 million as of March 31, 2023

16 May 2023
  • RON 151.6 million invested in the first quarter of 2023
  • The total value of the assets under management was RON 2,419 million
  • The net assets value was RON 2,177 million
  • The net asset value per share (NAVPS) was RON 2.3921
  • The net result was RON 2.4 million
  • Entering the organic segment - the new objective of the "Blueberry Farms" project
  • Over 55% of the asset portfolio is held in issuers that integrate ESG factors
  • Over 55% of the EVERGENT Investments portfolio structure is aligned with ESG principles

EVERGENT Investments, the investment company listed under the ticker EVER, reported investments of RON 151.6 million as of March 31, 2023 and total assets of RON 2,419 million. The company has allocated dividends with a competitive yield of 7% in the capital market. On June 28, EVERGENT Investments will start paying dividends for the year 2022, in a total amount of RON 82,712,573.

"2023 started strong, with us reaching an investment level of RON 151.6 million in a quarter filled with new challenges. The context created by structural changes has prompted us to act swiftly, adopting both offensive and defensive strategies. Additionaly, tighter financial conditions and high return dispersions can help us seize market opportunities to exploit advantages and generate pure alpha through rigorous risk management. We continue to evolve in an increasingly complex world and remain steadfast in our commitment to delivering results, as we have confidence in the company's long-term strategy amidst ever-changing conditions” - stated Mr. Claudiu Doroș, CEO and President.

The financial performance recorded a net result of RON 2.41 million, consisting of  a loss of RON 4.6 million and a net gain of RON 7.01 million from the sale of financial assets reflected in the retained earnings - accounting treatment according to IFRS 9.

EVERGENT Investments continues to develop its Private Equity portfolio by expanding the “Blueberry Farms” project to 105 hectares through the acquisition of 50 hectares by EVER AGRIBIO company. The new land is intended for organic blueberry production, meeting the growing demand for organic products. The investment in organic production strategically positions the company in line with the trends and opens up innovation opportunities.

About EVERGENT Investments

EVERGENT Investments cu o experienţă de peste 30 de ani în piaţa românească de capital, este un deschizător de drumuri, contribuind la dezvoltarea comunităţii din care face parte. Prin aplicarea unei strategii bine articulate şi responsabile, EVERGENT Investments valorifică eficient oportunităţi investiţionale, atât în piaţa de capital, cât şi prin proiecte de private equity in agribusiness, real estate si tehnologie.

EVERGENT Investments, with over 30 years of experience in the Romanian capital market, is a trailblazer, contributing to the development of the community it belongs to. By applying a well-articulated and responsible strategy, EVERGENT Investments efficiently capitalizes on investment opportunities, both in the capital market and through private equity projects in agribusiness, real estate and technology.

*This is a Press Release.

Normal
News from Companies

EVERGENT reports investments of RON 151.6 million as of March 31, 2023

16 May 2023
  • RON 151.6 million invested in the first quarter of 2023
  • The total value of the assets under management was RON 2,419 million
  • The net assets value was RON 2,177 million
  • The net asset value per share (NAVPS) was RON 2.3921
  • The net result was RON 2.4 million
  • Entering the organic segment - the new objective of the "Blueberry Farms" project
  • Over 55% of the asset portfolio is held in issuers that integrate ESG factors
  • Over 55% of the EVERGENT Investments portfolio structure is aligned with ESG principles

EVERGENT Investments, the investment company listed under the ticker EVER, reported investments of RON 151.6 million as of March 31, 2023 and total assets of RON 2,419 million. The company has allocated dividends with a competitive yield of 7% in the capital market. On June 28, EVERGENT Investments will start paying dividends for the year 2022, in a total amount of RON 82,712,573.

"2023 started strong, with us reaching an investment level of RON 151.6 million in a quarter filled with new challenges. The context created by structural changes has prompted us to act swiftly, adopting both offensive and defensive strategies. Additionaly, tighter financial conditions and high return dispersions can help us seize market opportunities to exploit advantages and generate pure alpha through rigorous risk management. We continue to evolve in an increasingly complex world and remain steadfast in our commitment to delivering results, as we have confidence in the company's long-term strategy amidst ever-changing conditions” - stated Mr. Claudiu Doroș, CEO and President.

The financial performance recorded a net result of RON 2.41 million, consisting of  a loss of RON 4.6 million and a net gain of RON 7.01 million from the sale of financial assets reflected in the retained earnings - accounting treatment according to IFRS 9.

EVERGENT Investments continues to develop its Private Equity portfolio by expanding the “Blueberry Farms” project to 105 hectares through the acquisition of 50 hectares by EVER AGRIBIO company. The new land is intended for organic blueberry production, meeting the growing demand for organic products. The investment in organic production strategically positions the company in line with the trends and opens up innovation opportunities.

About EVERGENT Investments

EVERGENT Investments cu o experienţă de peste 30 de ani în piaţa românească de capital, este un deschizător de drumuri, contribuind la dezvoltarea comunităţii din care face parte. Prin aplicarea unei strategii bine articulate şi responsabile, EVERGENT Investments valorifică eficient oportunităţi investiţionale, atât în piaţa de capital, cât şi prin proiecte de private equity in agribusiness, real estate si tehnologie.

EVERGENT Investments, with over 30 years of experience in the Romanian capital market, is a trailblazer, contributing to the development of the community it belongs to. By applying a well-articulated and responsible strategy, EVERGENT Investments efficiently capitalizes on investment opportunities, both in the capital market and through private equity projects in agribusiness, real estate and technology.

*This is a Press Release.

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