Wendel: revalued net assets of €7,912 million as of March 31


(CercleFinance.com) – The revalued net assets (ANR) amounted to €7,912 million, or €178.1 per share as of March 31, 2024, up +11.2% compared to €160.2 per share. action as of December 31, 2023. The discount on the NAV as of March 31, 2024 is 48.2%.

The consolidated turnover for the 1st quarter of 2024 stands at €1,848 million, up +11.7% in published data and up +6.9% organically.

The group recorded strong organic growth for CPI (+9.7%) and Bureau Veritas (+8.0%), strong total growth for Stahl (+9.8%), total growth for Scalian of +1, 3%.

Total liquidity is €3.2 billion as of March 31, 2024, including €2.3 billion of available cash and €875 million of credit line (undrawn).

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