Peugeot Invest SA (FR:PEUG) has released an update.
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Peugeot Invest SA reported a net asset value (NAV) per share of €226.7 for the first half of 2024, a 3.7% decrease due to a decline in Stellantis’ share price, yet highlighting an active management strategy with €437 million in disposals to reinforce investment capacity. The company also announced a net profit of €228 million and the appointment of Jean-Charles Douin as the new CEO. These developments occur amidst a challenging market, impacted by political changes in France and a sluggish private equity market.
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