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Saga Pure ASA ( (DE:SAT) ) just unveiled an announcement.
Saga Pure ASA reported a net profit of NOK 10.5 million for the first quarter of 2025, with a return on equity of 1.1 percent. The company completed the acquisition of 60% of Vallhall Group, which contributed an EBITDA of NOK 5.8 million, and invested NOK 137.3 million in S.D. Standard ETC Plc, triggering a mandatory offer for the remaining shares. Saga Pure ended the quarter with a cash reserve of NOK 509.5 million, but the pending settlement for S.D. shares will require NOK 438.8 million. The company’s short-term investments decreased slightly, while long-term investments in S.D. were made.
More about Saga Pure ASA
Saga Pure ASA is an investment company with a broad investment mandate, focusing on capital discipline and selective investments.
Average Trading Volume: 1,502,493
Current Market Cap: NOK640M
For a thorough assessment of SAT stock, go to TipRanks’ Stock Analysis page.