Brief: Groep Brussel Lambert End-December Consolidated Income Turns To Loss Of 585 Million Euros

Groep Brussel Lambert NV

09/03/2023 17:52

March 9 (Reuters) - Groep Brussel Lambert NV  GBLB.BR :
    * NET ASSET VALUE ("NAV1 ") PER SHARE AT YEAR-END OF €116,
UP
+3.4% COMPARED TO THE END OF SEPTEMBER (€112), AND DOWN -19.3%
FOR THE YEAR, REFLECTING THE GENERAL DECLINE THE GENERAL DECLINE
IN THE MARKETS
    * THE ACTIVE MONITORING OF THE CURRENT PORTFOLIO, THE
INTEGRATION
OF RECENT ACQUISITIONS AND THE EVALUATION OF NEW OPPORTUNITIES
ARE THE PRIORITIES OF GBL'S TEAMS
    * WILL COMMUNICATE ABOUT ITS 2023 DIVIDEND IN THE CONTEXT OF
THE
PRESENTATION OF THE GROUP'S RESULTS OF THE GROUP ON 31 JULY
    * PROPOSES A DIVIDEND PER SHARE FOR THE YEAR 2022 OF €2.75,
REPRESENTING A YIELD OF 3,7%
    * FY  CASH EARNINGS €416 MILLION CONTRE TO €474 MILLION
    * END-DECEMBER CONSOLIDATED NET LOSS EUR 585 MILLION VERSUS
PROFIT
EUR 279 MILLION YEAR AGO

Source text for Eikon:  ID:nNDLbhc63s 
Further company coverage:  GBLB.BR 

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