Dublin-listed investment company Boundary Capital has reported a loss of €4.1m for the first six months of the year.
The company said this was mainly due to a revaluation of its sterling-denominated investment, which resulted in a €1.6m loss. There was also a fall of €800,000 in the value of its investments in firms quoted on the stock markets, which include Veris and SiteServ.
Boundary said it had a pipeline of potential deals and would consider making further investments. But it added that it would look at a disposal of share placing over the next 12 months due to current market conditions.
