Alantra reports first quarter revenues of €36.8mn (+2.0%) and net profit of €1.5mn (+218.0%)

The positive momentum observed at the end of 2024 turned at the beginning of this year into a volatile environment, driven by tariffs and global trade tensions. Amid these challenging conditions for the financial industry, Alantra achieved a 2.0% YoY increase in net revenues to €36.8mn in Q1, reduced fixed costs by 8.7%, and continued to invest in its teams.

- The revenue growth was primarily driven by a 2% increase in Investment Banking revenues to €20.3mn, underpinned by stronger cross-office collaboration and a focus on higher-quality transactions, which resulted in increased average fees. FIG revenues came in at €8.0mn, down 27.3% YoY, following an exceptionally strong Q1 2024.

- Asset Management revenues grew 14.2% to €8.2mn, driven by higher fee-earning Assets under Management.

- Alantra’s fixed personal expenses and Other OPEX for Q1 decreased by 9.8% and 5.9%, respectively, to €21.6mn and €7.7mn. This reflects the Group’s continued efforts to drive efficiencies and focus on core markets and activities over recent quarters

At the same time, the Group has provisioned variable compensation of €6.5mn (+129.5% YoY) due to its improved financial performance.

Net profit attributable to the parent company amounted to €1.5mn (+218.0% YoY).

Alantra’s financial position remained strong, with €117.8mn in cash and cash equivalents and a monetary fund[1]. The Firm also holds €48.9mn across a portfolio of investments in vehicles managed by the Group. Shareholders’ equity amounted to €286.1mn. The Group has no leverage.

The Annual General Meeting is approving today the distribution of a dividend of €0.15 per share to be paid on 12 May. The dividend represents a c. 83% pay-out ratio over the FY 2024 attributable net profit, compared to 60% in 2023.

[1] €89.4mn of cash and cash equivalents and €28.4mn invested in a monetary fund included under non-current financial assets