trending Market Intelligence /marketintelligence/en/news-insights/trending/8fvos0kc9-pmxobiirlkhw2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

In This List

Groupe Bruxelles Lambert swings to profit

Mining Exploration Insights – May 2020

Paypal Well-Positioned To Gain Share In COVID-Related Digital Payments Shift

Essential Energy Insights - May 14, 2020

COVID-19: From Safe Harbor to Rough Seas – The Choppy Outlook for US Public Finance


Groupe Bruxelles Lambert swings to profit

Groupe Bruxelles Lambert SA's net asset value increased by 11.2% in 2017 from a year earlier, as the investment holding company posted higher earnings for the year and delivered a total shareholder return of 16.8%.

The company reported consolidated profit attributable to owners of the company of €705.4 million, or 4.52 per share, for 2017, compared to a loss of €457.7 million, or a loss of 2.95 per share, in 2016. The S&P Capital IQ consensus GAAP EPS estimate for the year was €4.45.

The company's net asset value rose to €117.06 per share, in 2017, from €16.99 billion, or €105.31 per share, in the previous year.

Profit from investing activities totaled €533.5 million, compared with a loss of €616.1 million in the previous year. Profit from consolidated operating activities increased to €506.3 million from €454.9 million in the prior year.

"In an environment of worldwide growth acceleration and strong momentum in the global equity markets, GBL delivered a solid total shareholder return of 16.8% in 2017, materially outperforming its benchmark index by 7.0%," said board chairman Gerald Frere.

Groupe Bruxelles Lambert announced that its subsidiary Sienna Capital will invest €250 million alongside funds affiliated with investment firm KKR in Unilever's Flora Food Group spreads business. The transaction is expected to close in the middle of this year.