• Net value EUR 69 per share (minus 3,2%)
• Repurchased EUR 7.2 Mio. of own shares
• Net asset value declined EUR 20 Mio. to EUR 341 Mio.
The net asset value decreased by EUR 20 Mio. to EUR 341 million in the full year 2018. The financial assets totaled EUR 138 million, while the direct investments are worth EUR 20 million. Including the tax receivables of EUR 47 million, EUR 183 million is available for reinvestment. The net value per share declined 3.2% to EUR 69, EUR 7.2 million worth of own shares were repurchased in the full year.
BAVARIA Industries Group AG is majority family owned and invests for the long term. We again contributed to social causes and donated EUR 250.000 to build a university in Burkina Faso. We would be pleased to receive suggestions for improvement or leads for new transactions.
For further questions please contact:
BAVARIA Industries Group AG
Tel.: + 49 - (0)89/ 72 98 967-0
Fax: + 49 - (0)89/ 72 98 967-10