DeA Capital archives the first half with a net profit of 1,3 million euros, a free fall from the 9,3 million collected in the same period last year. The De Agostini group company that deals with investments explains in a note that the decrease is also linked to the costs of alternative asset management activities and of holding companies, which in the first half include DeA Capital Real Estate and Ifim.
The investment portfolio grew to 849,9 million euro compared to 775,9 million as at 31 December 2011.
The NAV rose to 2,62 euros per share, from 2,38 euros at the end of last year, mainly due to the relative change in the fair value of Kenan Investments (Migros), to be linked to the increase in share prices Migros.
In closing at Piazza Affari, the company's stock gains a little less than one percentage point.
