Picture of Groep Brussel Lambert NV logo

GBLB — Groep Brussel Lambert NV News Story

0.000.00%
be flag iconLast trade - 00:00
FinancialsConservativeLarge CapNeutral

Belgium's Groupe Bruxelles Lambert NAV of €13.1 bln as of June end

Belgium's Groupe Bruxelles Lambert NAV of €13.1 bln as of June end


Overview

  • Belgium investment holding firm's NAV stood at €13.1 bln as of end-June 2026

  • Company invested €2.3 bln in controlled and co-controlled assets, made progress on disposals during H1

  • Delivered €773 mln in cash returns via dividends and share buybacks


Outlook

  • GBL intends to maintain dividend per share at current increased level

  • Company says liquidity of €4.6 bln and Loan To Value of 0.0% supports future transactions

  • GBL plans to pursue share buybacks opportunistically


Result Drivers

  • PORTFOLIO SIMPLIFICATION - Co reduced exposure to listed and non-core assets in H1, citing progress on disposals

  • NEW INVESTMENTS - Co invested €2.3 bln in controlled and co-controlled assets during the half-year

  • SHAREHOLDER RETURNS - Co delivered €773 mln in cash returns via dividends and share buybacks


Key Details

Metric

Beat/Miss

Actual

Consensus Estimate

Net Asset Value as of June end

EUR 13.10 bln


Analyst Coverage

  • The current average analyst rating on the shares is "buy" and the breakdown of recommendations is 6 "strong buy" or "buy", 2 "hold" and no "sell" or "strong sell"

  • The average consensus recommendation for the investment holding companies peer group is "buy"

  • Wall Street's median 12-month price target for Groep Brussel Lambert NV is €90.00, about 14.9% above its July 29 closing price of €78.30

  • The stock recently traded at 27 times the next 12-month earnings vs. a P/E of 27 three months ago


Reuters Recommended Reads

  • July 30 - France's Wendel H1 net income rises, lifts 2026 organic revenue growth outlook

  • July 30 - UK's Scottish American Investment half-year NAV return trails benchmark

  • July 29 - Switzerland's UBS Q2 profit rises; plans $3 billion share buyback


For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.


(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)

Recent news on Groep Brussel Lambert NV

See all news