• NAV per share rose by 2.7% to EUR 80.8 per share
• Purchased own shares worth EUR 5.8 million
• Net assets increased by 0.5% to EUR 387 million
The Group's net assets (“NAV”) increased by EUR 2 million to EUR 387 million at the end of 2020. Share buybacks of EUR 5.8 million reduced the cash. Overall, the NAV per share rose by 2.7% from EUR 79 to EUR 81 per share. The value of the investments remained unchanged at EUR 10 million. EUR 269 million were invested in shares and EUR 42 million in gold. The liquid funds amounted to EUR 66 million.
BAVARIA Industries Group AG is family-owned and therefore relies on a long-term time horizon for its investments.
If you have any further questions, please do not hesitate to contact:
BAVARIA Industries Group AG
Reimar Scholz
Bavariaring 24
80336 München
Tel.: + 49 - (0)89/ 72 98 967-0
Fax: + 49 - (0)89/ 72 98 967-10
E-Mail: info@baikap.de