Overview
* Clairvest ( CVTGF ) fiscal Q1 net income was C$21.3 mln, driven by investment portfolio gains
* Company invested in NCS Engineers and Beneficial Reuse Management
* Clairvest ( CVTGF ) repurchased and cancelled 8,100 shares at C$69.09/share
Result Drivers
* INVESTMENT PORTFOLIO - Net income driven by increased valuation of private equity investments
* NEW INVESTMENTS - Invested in NCS Engineers and Beneficial Reuse Management, expanding portfolio
* FOLLOW-ON INVESTMENT - Additional investment in Acera Insurance Services to support growth
Key Details
Metric Beat/Mis Actual Consensu
s s
Estimate
Q1 EPS C$1.51
Q1 Net C$21.34
Income mln
Press Release:
(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)