Deutsche Beteiligungs AG Reports Challenging Yet Promising Year

Deutsche Beteiligungs AG (DBAG) navigated a taxing financial year 2023/2024 but looks forward to promising prospects. The company achieved its financial forecast, realizing a net income of €47.5 million, equating to €2.55 per share. The net asset value per share rose by 8.5% to €37.59 as of September 2024.

During the year, DBAG completed nine transactions, notably selling in-tech for more than three times the original investment. Key initiatives included integrating ELF Capital and advancing their financing platform. The company also engaged in significant share buybacks, accentuating its strong liquidity position of over €150.4 million.

DBAG will transition its financial year to align with the calendar year beginning January 2025. Despite macroeconomic uncertainties, the company is optimistic about leveraging its liquidity for sustainable growth. The proposed dividend remains stable at €1.00 per share, reflecting a 4% yield.