Peugeot Invest: 22% drop in NAV per share in 2024
(CercleFinance.com) - Peugeot Invest has reported a 7.
1% increase in net income, group share, to E146.3m for 2024, while its net asset value (NAV) per share was E182.7 at 31 December, representing a dividend-attached performance of -22.1% for the year.
This change in NAV was mainly due to the fall in value of Peugeot 1810 (Stellantis' share price, down 40% and Forvia, down 57%) and co-investments, while investments in subsidiaries and investment funds rose.
The environment in 2024 has been particularly demanding for our company, Chairman Robert Peugeot said, underlining the multiple challenges facing the automotive industry, which are leading to strategic and operational adjustments at Stellantis.
Despite this context, we have been careful to preserve Peugeot Invest's financial solidity and to ensure the stability of the dividend (at E3.25 per share), which will be proposed at the next AGM, he continues, also announcing a significant investment capacity.
Copyright (c) 2025 CercleFinance.com. All rights reserved.
1% increase in net income, group share, to E146.3m for 2024, while its net asset value (NAV) per share was E182.7 at 31 December, representing a dividend-attached performance of -22.1% for the year.
This change in NAV was mainly due to the fall in value of Peugeot 1810 (Stellantis' share price, down 40% and Forvia, down 57%) and co-investments, while investments in subsidiaries and investment funds rose.
The environment in 2024 has been particularly demanding for our company, Chairman Robert Peugeot said, underlining the multiple challenges facing the automotive industry, which are leading to strategic and operational adjustments at Stellantis.
Despite this context, we have been careful to preserve Peugeot Invest's financial solidity and to ensure the stability of the dividend (at E3.25 per share), which will be proposed at the next AGM, he continues, also announcing a significant investment capacity.
Copyright (c) 2025 CercleFinance.com. All rights reserved.