Reinet Investments SCA Reports Strong Financial Performance for 2024-2025
Reinet Investments SCA, a Luxembourg-based securitization vehicle listed on the Luxembourg and Johannesburg Stock Exchanges, has announced its consolidated audited financial results for the year ended 31 March 2025. The company, which focuses on long-term capital growth investments, reported a net asset value of €6.9 billion, reflecting a compound annual growth rate of 9.0% in euro terms since March 2009, inclusive of dividends paid.
The net asset value at the end of March 2025 increased by €731 million, or 11.8%, from €6.184 billion at the end of March 2024. This growth has resulted in a net asset value per share of €38.04, up from €34.02 at the end of March 2024. During the year, Reinet made commitments totaling €39 million for new and existing investments, with a total of €144 million funded.
In addition to its financial performance, Reinet Investments SCA has proposed a dividend of €0.37 per share from income reserves. This dividend is expected to be approved by shareholders at the annual general meeting scheduled for 26 August 2025 in Luxembourg. Notably, there is no Luxembourg withholding tax on dividends declared by Reinet.
Reinet Investments SCA’s portfolio includes investments in British American Tobacco Plc, cash and liquid funds, and other assets. The company is managed by Reinet Investments Manager SA and operates as a regulated securitization vehicle, allowing shareholders to participate indirectly in its asset portfolio through its wholly owned subsidiary, Reinet Fund SCA FIS.
The company’s strong financial performance and proposed dividend highlight its commitment to delivering value to its shareholders. With a market capitalization of €4.62 billion and a price-to-earnings ratio of 4.13, Reinet Investments SCA continues to be a significant player in the capital markets sector.