Avançsa gains 90% more despite making provisions for 2.25 million
The business holding company of the Government obtained a net individual profit of 8.49 million last year and stopped accounting for a provision for its investment in the software firm Talent Clue.
Avança, a holding company under the Catalan government, reported a net profit of €8.49 million in 2025, a 90% increase from 2024. Despite provisions for struggling portfolio companies, including PJ Lobster and Shoppery Networks, the company saw improved results. Avança invested in five companies last year and made provisions for three of them.
The company also restructured €4 million in loans and maintained a sustainable growth policy to support transformative projects in Catalonia. No dividend was distributed from the 2025 profit.
Written by urgent.news from Expansion ES's report — not a translation of it. Machine-written — may contain errors; check the original before relying on it.
