In-article:

Wendel: holds its investor meeting today – 01/12/2022 at 09:23


(CercleFinance.com) – Wendel is holding its 21st Investor Day today, mainly dedicated to the Group’s unlisted companies and during which the current Management Board will also present an update on the axes of the existing 2021-2024 roadmap.

The purpose of this day is to enable the financial community to get to know the managers of the Group’s companies as well as their potential for creating value over the long term.

In a turbulent macroeconomic environment, the balance sheet of Wendel and its companies will allow it to continue making acquisitions, in accordance with its roadmap, while remaining vigilant on prices.

After having already committed nearly 170 million euros over the past few years, Wendel Growth, formerly Wendel Lab, is looking for direct investment and co-investment opportunities in start-ups.

“Wendel has a particularly solid balance sheet. We are still at the beginning of our trajectory which aims for a portfolio characterized by more growth. This is a potentially promising strategy for patient investors,” said André François-Poncet, Chairman of Wendel’s Management Board.



Source link -86