Altamir Reports 4.8% Decline in NAV for 2025

Altamir disclosed a 4.8% year-on-year decrease in its Net Asset Value (NAV) for 2025, positioning it at €1,179.9 million or €32.32 per share. This dip includes a dividend payout of €1.06 per share disbursed in September. The weighted average EBITDA of Altamir’s portfolio companies rose by 8.6%, even amid challenging economic conditions.

Investment activities remained steady, with Altamir accomplishing €139.2 million in divestments and securing €142.0 million in new investments throughout 2025. The Consumer sector experienced valuation losses, whereas sectors such as Tech & Telco and Services witnessed gains. Noteworthy investments include funds directed towards HRK Lunis and Zwart Techniek.

Altamir chose not to propose a dividend for 2025 to safeguard cash reserves. Moving forward, the firm plans to extend its medium-term objectives by an additional year, maintaining its focused trajectory on sustained growth and value creation.