WorxInvest highlights 2024 as a pivotal year in its expansion journey

The diversified investment company WorxInvest reports for 2024 a net result, share of the group, of EUR 189.1 million and an adjusted EBITDA of EUR 320.6 million, which is an increase of EUR 115.2 million or 56.1% compared to 2023.

Besides strong performances within the portfolio, various milestone events made 2024 a year to remember: the closing of the Gimv transaction, the launch of the fund of funds WorxInvest Horizon I, the issuance of a EUR 250 million retail bond, the acquisition of the Greenhouse Collection office building by SD Worx Real Estate and the signing of the SPA to enter into the share capital of Infravest. By means of these, and other, achievements in 2024, WorxInvest clearly further evolved into a diversified, growth-focused investment company.

Despite macro-economic headwinds in Europe with sluggish growth, our portfolio demonstrated resilient results during the financial year 2024. The leading European HR solutions provider SD Worx continued its growth trajectory and closed its largest acquisition ever by welcoming the Italian market leader F2A to the group. Gimv, on the other hand, managed to realise an impressive portfolio result with successful exits and strong operational performances. Furthermore, Gimv decided on a refined strategy, focusing on its core activities, the Anchor platform and partnerships with the aim of doubling its portfolio in the coming years. To support this strategy, the capital of Gimv was successfully increased.