Total aggregated assets of Penta portfolio companies reached €6.7 billion last year. The audited financial results show the net profit of €70 million.
Last year Penta invested €330 million into new projects and within the existing portfolio. The group strengthened its position in the segment for healthcare acquisitions with Apteka Mediq (Poland), small pharmacy chains in the Czech Republic, three regional hospitals and medical center in Slovakia. At the same time, it entered the real estate market in Poland with the office centre project in Warsaw. The highest level of investment by Penta was into projects in the healthcare system, real estate development and Aero Vodochody.
The sale of the PPC steam-gas cycle in Slovakia was reflected in the economic results, while Penta completed its exits from the companies Noves okna and PetCenter. A significant step for the group was its entry into a new investment area, into media. In autumn 2014 , Penta invested in the Slovak media companies: 7 PLUS, a.s., Centrum Holdings, TREND Holding, s.r.o. and Petit Press, a.s. The Group expects entering into the Czech media business this year as well.
„We are satisfied with last year´s financial results. They reflect and support our successful transformation from private equity to long term strategic investor. Out of 16 of our portfolio companies, we outperformed in 12. Therefore it is evident that the growth of Penta´s fair value is mainly driven by improving performance of our key current businesses, rather than by new acquisitions. I am glad that Penta has a solid ground to develop as a reliable and trustworthy partner to the employees of our companies and to our customers“, Jaroslav Haščák, Managing Partner of Penta Investments said.
|Total aggregated assets||6,7 billion||6,5 billion|
|Cumulative sales of portfolio companies||4,9 billion||4,7 billion|
|Adjusted EBITDA of companies in Penta portfolio||368 million||426 million|
|Net profit||70 million||100 million|
The largest share in the Penta portfolio is the healthcare segment (40%), followed by real estate development activities (22%), manufacturing (14%) and financial services (12%).