Business update 31 March 2025

Results

Quest for Growth closed the first three months of the financial year with a net profit of € 39,061. The return on equity was +0.03%. The Quest for Growth share saw its stock price increase by 3.5% over the first three months of the year to a closing price of € 4.12 on March 31, 2025. The discount of the stock price to the net asset value was 42.6% at the end of the quarter, compared to 44.5% at the end of 2024.

Market Environment

The STOXX Europe 600 Net Return European stock index rose by nearly 6% in the first quarter of 2025. The stocks that gained the most were banks, insurance companies, telecom operators, and, above all, arms manufacturers. Among the ten best-performing European companies, eight are active in the production of weapons. Meanwhile, stocks with a higher market capitalization continue to outperform the smaller listed companies. The STOXX Europe Small 200 Net Return index, for its part, strengthened by just above 1% over the period. The difference is even more significant in the longer term: since mid-2021, the STOXX Europe Small 200 Net Return index has fallen by nearly 4%, while the overall European market has grown by nearly 30%!