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DE000A2LQ2D0
Wed, 22.05.2024
029 Group SE
FY23 as expected // key holding with favourable developments
Topic: 029 published FY23 figures. As 029 holds only minority stakes and
reports under German HGB (no mark-to-market valuation), it was a non-event.
Yet, its key assets continue to perform well. As 029 had no divestments
during FY23 (Emerald Stay was sold in Feb. 2024), the company ge [ … ]
Wed, 14.02.2024
029 Group SE
Portfolio update // NAV carried by key holding
Topic: While Conscious Good ceased operations, 029 sold one of its
holdings, Emerald Stay for € 1.6m, a multiple of 2.7x on its invested
capital. The group's NAV is now mainly carried by Limestone Capital and
TRIP.
Conscious Good. CG was expected to launch a nootropics-based consumer
product [ … ]
Wed, 14.02.2024
029 Group SE
Portfolio update // NAV carried by key holding
Topic: While Conscious Good ceased operations, 029 sold one of its
holdings, Emerald Stay for € 1.6m, a multiple of 2.7x on its invested
capital. The group's NAV is now mainly carried by Limestone Capital and
TRIP.
Conscious Good. CG was expected to launch a nootropics-based consumer
product [ … ]