With a gain of over 4%, Gimv stood out on the Brussels Stock Exchange on Thursday following the publication of "solid" half-year results, confirming its strategy of value creation through growth.

The Belgian holding company posted a net profit of 158 million euros for the first half of 2023/2024, which ended in September, compared with a loss of 75 million euros for the same period last year.

The group claims to have benefited from the strong growth of its portfolio companies, as well as from capital gains realized on divestments, despite market conditions deemed 'difficult'.

At the end of September, shareholders' equity stood at 1.4 billion euros, or 51.3 euros per share, compared with 1.3 billion, or 88.2 euros per share, a year earlier.

Its investment portfolio is estimated at some 1.7 billion euros, for a net cash position of almost 192 million euros.

Income from divestments totaled 67.2 million euros over the past six months, compared with 5.7 million euros in the first half of the 2022/2023 financial year.

The Group's dividend policy remains unchanged, with the intention of continuing its current policy.

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