The Q1 bottom line doubles thanks to the revaluation of Mecalux and to capital gains on short-term investments; widening the discount to NAV (36%). In April, Alba sold its entire stake in Mecalux and signed an agreement for a €557m investment in Verisure.
15 May 2019
Considerable 36% discount to NAV
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Considerable 36% discount to NAV
Corporacion Financiera Alba, S.A. (0HA8:LON) | 0 0 0.0% | Mkt Cap: 2,105m
- Published:
15 May 2019 -
Author:
Imen Yahia -
Pages:
3
The Q1 bottom line doubles thanks to the revaluation of Mecalux and to capital gains on short-term investments; widening the discount to NAV (36%). In April, Alba sold its entire stake in Mecalux and signed an agreement for a €557m investment in Verisure.