Penta Investments shows net profit of EUR 265m

Published: 29.04.2020 Related countries:  South Africa South Africa

Penta Investments shows net profit of EUR 265m

Penta Investments has posted a net profit in the amount of EUR 265m for 2019. Total assets of its portfolio companies increased to EUR 11.2bn (2018: EUR 10.4bn). All segments of its business showed positive EBITDA. The business result was the most influenced by Dr.Max and Fortuna. A significant contribution was recorded for Penta Real Estate. Penta Investments invested a total of EUR 613m in its companies in 2019. It maintained 46,000 employees as of the end of 2019.