EVERGENT Investments surpasses half a billion euros – the value of assets under management in H1 2023

• 82.7 million lei was the value of allocated dividends in 2023
• The total value of assets under management was 2,511 million lei
• The net asset value was 2,243 million lei
• The net asset asset value per share (NAVPS) was 2.4424 lei
• 47.7 million lei – net result
• 186.44 million lei have been invested in the first half
• Over 50% of the asset portfolio is owned in issuers that integrate ESG factors
• mWare Solutions, a company from EVERGENT Investments’ private equity portfolio, has developed a complete digitalization stack

EVERGENT Investments, an investment company listed under the ticker symbol EVER, reports surpassing the half-billion-euro threshold of assets under management as of June 30, 2023, namely a 2.5% increase as compared to June 30, 2022, thus strengthening its financial position after generating a net result of 47.7 million lei, comprised of 26.2 million lei net profit and 21.5 million lei net gain.

EVERGENT Investments continues to return value to its shareholders, both short and long term, which is supported by the dividend payout ratio of recent years and the buy-back programs. On June 28, 2023, the company started the dividend payments for the year 2022, in a total value of over 82.7 million lei.

„The once again surpassing of the half a billion euros threshold of the total value of assets under management and the strengthening of our financial position reflect the solidity of the company amidst heightened volatility, the global and European macro-financial climate, and the regional geo-political tensions. We have acted quickly and have focused the capital towards areas with development potential, the investments reaching 186.44 million lei. The peace of changes has an increased dynamic and it is not surprising that there are significant disruptions in some areas, however, they provide us with new opportunities. We have high standards for new investments, yet we are extending our options to optimize the portfolio performance and create long term value for all stakeholders” – stated Mr. Claudiu Doroș, President & CEO of EVERGENT Investments.

Out of the total value of assets under management, 75% represents the listed shares portfolio and 10.8% is the unlisted shares portfolio. In line with the investments strategy, the company has adjusted the asset portfolio and continued to pay special attention to the companies within the energetic sectors with 22% of the total asset value, and the financial-banking sector with 41.3%.