Reinet Investments Reports First Quarter 2025 Financial Results

Reinet Investments S.C.A. has released its financial statement for the first quarter ended 30 June 2025. The company's net asset value (NAV) decreased by €316 million, a 4.6% drop from €6.915 billion at the end of March 2025 to €6.6 billion. This decrease reflects revaluation losses in major investments and currency impacts due to a weaker US dollar and sterling against the euro.

Reinet's NAV per share declined from €38.04 to €36.30. Key investments include a 49.5% stake in Pension Insurance Corporation Group Limited, which it plans to sell to Athora Holding Ltd. for around £5.9 billion, pending regulatory approval. The divestment aligns with Reinet's strategy to reinvest and realign its portfolio amid global economic uncertainties.

Despite challenges, Reinet invested €293 million in new opportunities, maintaining strong cash reserves to navigate current geo-political and economic risks. The company continues to uphold its commitment to long-term value creation through diversified investments.