{"id":30428,"date":"2024-04-11T16:11:39","date_gmt":"2024-04-11T14:11:39","guid":{"rendered":"https:\/\/www.wendelgroup.com\/?p=30428"},"modified":"2024-04-11T16:11:41","modified_gmt":"2024-04-11T14:11:41","slug":"focus-on-results","status":"publish","type":"post","link":"https:\/\/www.wendelgroup.com\/en\/focus-on-results\/","title":{"rendered":"Focus on results"},"content":{"rendered":"\n
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“2023 was a very positive year for Wendel Wendel will put its new return-to-shareholders<\/em>
\nand its portfolio companies. The Group\u2019s consolidated sales totaled \u20ac7,127.6 million, up +5.7% unadjusted and +6.4% organically. They were driven in particular by robust performance at Bureau Veritas and Crisis Prevention Institute.<\/em><\/p>\n

Net asset value stood at \u20ac7,118 million, or \u20ac160.2 per share, down slightly (-2.7%)(1) , after reintegrating the dividend, reflecting a decline in the value of listed assets, which was partially offset by growth in the value of unlisted assets.<\/em><\/p>\n

The total contribution of Group companies to net income from business sectors (Group share) rose +5.9% to \u20ac362.1 million, and net income from business sectors (Group share) rose +10.6% to \u20ac246.9 million. Consolidated net income (Group share) came in at \u20ac142.4 million; it was \u20ac656.3 million in 2022 owing in large part to the \u20ac590 million capital gain on the sale of Cromology.<\/em><\/p>\n

Wendel will put its new return-to-shareholders a dividend of \u20ac4.00 per share at the Annual Shareholders\u2019 Meeting on May 16, 2024, an increase of +25% ov er last year\u2019s dividend. This dividend represents a yield of 2.5%(2) on NAV and 4.4%(3) on the share price. In the medium-term, Wendel aims to achieve a yield of 3.5% on NAV.”<\/em><\/p>\n

For more information, please read the press release <\/a>available on our website.<\/span><\/strong><\/p>\n

\"\"<\/p>\n

Benoi\u0302t Drillaud<\/span>, Chief Financial Officer of Wendel<\/strong><\/p>\n

(1) Adjusted for the dividend of \u20ac3.20 per share paid in June 2023, NAV was down 2.7% over the course of 2023. Unadjusted, NAV was down 4.6%.<\/span>
\n(2) Dividend distribution percentage calculated with respect to the NAV at end-December of the previous year.<\/span>
\n(3) Based on a share price of \u20ac90.80 as of February 23, 2024.<\/span><\/p>\n\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n <\/div>\n<\/div>\n","protected":false},"excerpt":{"rendered":"","protected":false},"author":7,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"_seopress_robots_primary_cat":"none","_seopress_titles_title":"","_seopress_titles_desc":"","_seopress_robots_index":"","footnotes":""},"categories":[35],"tags":[36],"class_list":["post-30428","post","type-post","status-publish","format-standard","hentry","category-lettre-aux-actionnaires-en","tag-actualites-en"],"acf":[],"_links":{"self":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts\/30428","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/users\/7"}],"replies":[{"embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/comments?post=30428"}],"version-history":[{"count":0,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/posts\/30428\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/media?parent=30428"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/categories?post=30428"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.wendelgroup.com\/en\/wp-json\/wp\/v2\/tags?post=30428"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}