Corporacion Financiera Alba released more than satisfactory results in H1. Despite inflationary headwinds, the Iberian quality-focused holding company reported net results up by 59% to €194m, driven by strong results from investees as well as gains on the sale of financial investments. The 5% drop in NAV, which now stands at €5.2bn, should not scare investors away from the attractiveness of the stock given the widening in the discount to NAV which has passed the 50% mark.
