Report
Geoffroy Michalet

Eurazeo : H1 NAV: € 70.7, -12% vs end-2019, resilience from third party AM

>NAV: € 70.7, i.e. -12% - Eurazeo’s NAV per share came out at € 70.7, -12% versus the FY 2019 figure. NAV is described as having been stable for 90% of the scope in value terms (excluding the Travel & Leisure segment). LTV remained robust (i.e. negative) as Eurazeo has structurally no net debt on the balance sheet. The group has a net cash position of € 187m, capacity to draw an additional € 1.1bn and dry powder of € 4.0bn in its funds. Furthermore, economic EBI...
Underlying
Eurazeo SA

Eurazeo is a listed investment company in Europe. Co. invests in French or other European companies in which it can exercise influence. Co. divides its operaion in five divisions: Holding company, Eurazeo Capital, Eurazeo PME, Eurazeo Croissance, and Eurazeo Patrimoine. Holding company focuses on investment in non-consolidated fund business; Eurazeo Capital invests in companies valued over Euro150,000,000 to Euro200,000,000; Eurazeo PME invests in enterprises valued at less than Euro150,000,000 to Euro200,000,000; Eurazeo Croissance targets companies with high growth potential in promising markets; and Eurazeo Patrimoine groups Co.'s real estate asset management and investment activities.

Provider
Oddo BHF
Oddo BHF

​Oddo Securities provides securities brokerage and research services. The company offers equity, economic, and derivatives research and credit analysis services. It focuses on insurance, automotive, building materials, pharmaceuticals, telecommunications, information technology, and agri-food industries.

Analysts
Geoffroy Michalet

Other Reports on these Companies
Other Reports from Oddo BHF

ResearchPool Subscriptions

Get the most out of your insights

Get in touch