BAVARIA Industries Group AG reports full year figures for 2019
28.05.2019 press release
• Net value EUR 79 per share (+14%)
• Repurchased EUR 2.4 Mio. of own shares
• Net asset value increased EUR 44 Mio. to EUR 385 Mio.
The net asset value increased by EUR 44 Mio. to EUR 385 million in the full year 2019. The financial assets totaled EUR 233 million, while the direct investments are worth EUR 20 million. Including the tax receivables of EUR 4 million, EUR 103 million are liquid funds. The net value per share increased 14% to EUR 79, EUR 2.4 million worth of own shares were repurchased in 2019.
BAVARIA Industries Group AG is majority family owned and invests for the long term. We would be pleased to receive suggestions for improvement or leads for new transactions.
For further questions please contact:
BAVARIA Industries Group AG
Reimar Scholz
Bavariaring 24
80336 Munich
Germany
Tel.: + 49 - (0)89/ 72 98 967-0
Fax: + 49 - (0)89/ 72 98 967-10
Email: info@baikap.de