Private-equity company EQT reported an increase in its net profit for the first half of the year, but warned exit volumes are still subdued. The Swedish buyout firm said that its net profit reached 282 million euros ($308.5 million) in the six months ended June 30, compared with EUR120 million a year earlier.
It also reported an adjusted revenue of EUR1.09 billion, compared with a consensus forecast of EUR1.18 billion according to Visible Alpha. The company said its fee-generating assets had increased to EUR133 billion, from EUR132 billion as of March 30.