Despite continuing difficult market conditions Gimv achieved a number of exits with attractive gains. This enabled Gimv to post a respectable result in the second half, giving a profit for the year.
With its renewed strategy Gimv is fully focused on the strategic long-term growth trajectory of our businesses. In this way some promising growers were again added to our portfolio. To finance Gimv's further growth and the expansion of its portfolio, we are again this year offering our shareholders a stable dividend, optional in cash or shares.
In a rapidly changing world of both challenges and opportunities, the past financial year was a busy one. The Board worked enthusiastically with management and the various teams in shaping the updated strategy. Central to this are a number of key societal challenges: how businesses are going to exploit megatrends like globalization, digitization, demographic trends and changing consumer needs. More than ever Gimv is keen – in partnership with its businesses – to respond to these trends and to discover new and exciting growth stories, and in this way build tomorrow's market leaders. This ambition is reflected in our new baseline: 'Building leading companies'.