EVERGENT Investments reports record financial results for H1 2024

Outstanding Performances of EVERGENT Investments:
“The results achieved in the first half of 2024 are proof of the success of our investment strategy and our ability to identify opportunities beyond challenges. Despite some market turbulence, we are on a growth trend and continue to strengthen the company's financial position. We have reached a historic high of total assets under management, amounting to 3.57 billion lei, a significant increase of 42.2% compared to June 30, 2023, which meant exceeding the 700 million euro threshold. This semester, the level of investments exceeded 213 million lei, reflecting our ability to dynamically manage capital and return value to investors. We have a set of opportunities that we are exploring, and we are analyzing investment projects, taking into account the potential impact of adverse factors such as inflation, interest rates, and the electoral context,” said Mr. Claudiu Doroș, President and CEO of EVERGENT Investments.
The listed shares portfolio holds the main weight in the total value of assets, 70.3%, while the weight of unlisted shares is 8.1%. The main sectors in the portfolio structure remain the Financial-Banking sector with 43.9% and the Energy-Industrial sector with 23.4% of the total asset value. The listed shares portfolio is mainly composed by holdings in top companies within strategic sectors.
EVERGENT Investments has continued to develop the company to create value for investors and the Romanian community. In the second quarter, the company began distributing dividends totaling 81.7 million lei and launched one of the share buyback programs approved by shareholders on April 29, 2024. EVERGENT Investments stands out with the highest dividend yield (DY) in its sector, at 7.09% as of June 30, 2024.
With over 30 years of experience in the Romanian capital market, EVERGENT Investments is a trailblazer, contributing to the development of the community it belongs to. Through the application of 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.
Through its predictable dividend policy and buyback programs, the company offers shareholders both short-term profits and long-term growth prospects for the value of held assets. Over the past 15 years, the company has paid over 1 billion lei in dividends and share buybacks. www.evergent.ro
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*This is a Press release.