Report
Thijs Berkelder

HAL Trust : Strengthening its core holding positions

>Strong earnings improvement in unquoted companies - Net earnings H1: € 5.65 per share. HAL reports 24H1 earnings of € 510m (€ 5.65 per share) , which is down 7% from the € 550m (€ 6.09 per share) reported in 23H1. Net income from the quoted interests in 24H1 amounted to € 144m, slightly up from € 140m in 23H1. /Market NAV: € 163.7 per share. On 30 June, the market NAV amounted to € 14,474m (€ 160.17 per share), up 6.7% from € 13,563m (€ 150.12 per share) at...
Underlying
HAL Trust

HAL Trust is the trust holding company for HAL Holding N.V. Co.'s only asset is the outstanding shares of HAL Holding N.V. Co.'s strategy is to invest in companies where it can play an active role as shareholder and board member. Co. invests mainly in industrial and real estate companies.

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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
Thijs Berkelder

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