Resilient NAV in Q1...
ITM posted its Q1 results, reporting slight growth in NAV to EUR 2.2bn due to PE and other equity investments. Net cash at the holding was EUR 274m, which is stable vs Q4 24.
...with supportive development across assets
Digging down into the results of the different holdings, we saw a broad-based growth across the different assets. Worth highlighting is a double-digit sales increase for both OpSMN (+21%) and Tecnica (+14%), while Borbone (+6%) continues to be impacted b ....
