Neon Equity AG Scores Significant Profit Boost in 2023 Financial Year

• NEON EQUITY AG reported a significant profit increase in the 2023 financial year.
• EBIT increased by 70.7% to around EUR 15.7 million in 2023 compared to 2022.
• Earnings after taxes rose by 61.1% year-on-year to around EUR 19.4 million in the 2023 financial year.
• NEON EQUITY reported equity of around EUR 219.2 million as at December 31, 2023, compared to EUR 200.8 million a year earlier.
• The positive business development is primarily due to the overall good business performance of the portfolio companies in 2023 and the successful expansion of the portfolio.
• NEON EQUITY's investment focus is on companies with an ESG focus, for example in the fields of renewable energies, sustainable mobility and healthcare.