Brief: GBL Q1 Net Asset Value Per Share Up At 123 Euros

Groep Brussel Lambert NV

03/05/2023 17:17

May 3 (Reuters) - Groep Brussel Lambert NV  GBLB.BR :
    * Q1 NET ASSET VALUE PER SHARE INCREASED + 5% TO €123,
COMPARED TO
YEAR-END 2022 (€118) 
    * WILL COMMUNICATE ON ITS 2023 DIVIDEND AS PART OF THE
GROUP’S
HALF-YEAR 2023 RESULTS PRESENTATION  ON JULY 31.
    * NET DEBT DECREASED Q/Q TO €2.5BN AS OF MARCH 31, 2023
    * GBL’S LOAN TO VALUE (“LTV”) WAS 10.0%2 AT THE END OF MARCH
2023,
DOWN FROM 10.9%2 AT THE END OF  DECEMBER 2022.

Source text: https://bit.ly/3p8B0vz
Further company coverage:  GBLB.BR 

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