Corporación Financiera Alba reached a net profit of EUR135 million in the first nine months of 2018
(WorldNews Spain)

Corporación Financiera Alba reached a net profit of EUR135.0 million in the first nine months of 2018, compared to EUR462.2 million in the same period of the previous year. This decrease is due to the fact that the 2017 results included the capital gains obtained from the sale of the stake in ACS. Net Asset Value (NAV) was EUR4,422.3 million on 30 September 2018, equivalent to EUR75.93 per share. Alba`s share price on that same date, EUR47.95, represents a discount of 36.8% compared with NAV per share. NAV, both in absolute terms and per...