Bringing you live news and features since 2013
Bringing you news, views and analysis since 2013

3930

Eurazeo NAV rises to EUR57.2 per share in Q3

RELATED TOPICS​

Eurazeo’s net asset value stood at EUR57.2 per share at 30 September 2009, compared to EUR47.8 per share at 30 June 2009.

Eurazeo is the majority or leading shareholder in Accor, ANF, APCOA, B&B Hotels, Elis, Europcar and Rexel. Eurazeo is also the main shareholder of Danone.

Consolidated revenues for the third quarter were EUR1,062.6m, compared with EUR981.3m in the second quarter and EUR1,131m in the third quarter of 2009.

Excluding Europcar, consolidated revenues of the private equity business increased two per cent on a comparable basis. Total private equity revenues were EUR1,052.4m, a decrease of 4.4 per cent on a comparable basis (-6.1 per cent during the first half). The other consolidated companies continued to show good resistance in an economic environment which remained difficult.

The real estate business increased 5.4 per cent to EUR8.2m, reflecting the effect of continued increases in ANF rents.

As of 10 November, Eurazeo had cash assets of EUR608.7m including collateral, and EUR157.9m of value net of debt on Danone shares, excluding exchangeable bonds, and EUR109.9m available subject to call from Eurazeo Partners.

Eurazeo may also use its syndicated credit line of EUR1bn, unused to date, and available in totality until mid-2012 and for up to EUR875m until mid-2013.

Latest News

MSCI has launched MSCI AI Portfolio Insights, writing that it combines generative artificial intelligence “GenAI”..
The Capgemini Research Institute’s World Wealth Report 2024, published today, reveals the number of high-net-worth..
New research from cloud security firm Zscaler reports a disconnect between European company confidence in..

Related Articles

Waves
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published, entitled The urgent need for better ocean-related data to make informed investment decisions...
A joint statement from BNP Paribas Asset Management, Federated Hermes Limited, Mirova, Robeco and Storebrand Asset Management has been published,..
Frozen soap bubble
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct Authority says has a simple aim: “Financial products that are marketed as sustainable should do as they claim and have the evidence to back it up.”..
From the end of this month, the UK’s Sustainability Disclosure Requirements (SDR) regime comes into force which the Financial Conduct..
Global ESG Investing
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of climate change and ESG factors in state policymaking...
On May 15 Florida’s Republican Governor Ron DeSantis signed legislation that furthers his ongoing campaign to oppose the role of..
Trends
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100 million deals announced this month alone...
The trend to buyout among the UK’s smaller defined benefit (DB) schemes continues with a slew of new sub GBP100..
Subscribe to the Institutional Asset Manager newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by