From GlobeNewswire: 2025-02-26 12:15:00

In 2024, Wendel had a very active year, with a fully diluted Net Asset Value per share of €185.7, representing a +16.9% year-over-year value creation. The dividend was boosted to €4.7 per share, up +17.5%. Significant portfolio rotation occurred, with over €2 billion of capital reallocation. Wendel also expanded its Asset Management platform and developed a dual business model.

The strong financial structure of Wendel includes a debt maturity of 3.6 years with an average cost of 2.4%. The Loan to Value ratio was 7.2% as of December 31, 2024, and 22.9% on a pro forma basis. Total liquidity was €1.28 billion, including €0.4 billion in cash and €875 million in committed credit facility.

Wendel’s principal investments saw a total of €2.3 billion in disposals and €0.7 billion invested in 2024. The Asset Management platform expanded with the acquisition of Monroe Capital for $1.13 billion, aiming to develop third-party asset management.

In terms of performance, Wendel reported a net income, group share of €293.9 million in 2024, a significant increase. The company remains committed to creating value for shareholders and maintaining a solid financial structure. Additionally, Wendel received accolades for its ESG efforts, being included in the Dow Jones Sustainability Indices for the sixth consecutive year.

Looking ahead, Wendel has a busy agenda for 2025, including trading updates and results releases. The company has renewed the appointments of key board members, ensuring continuity and stability in its leadership. Wendel’s strategic focus on value creation and growth continues in the coming year.



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