Wendel closed the year on a brighter note as the operating performance and the valuation of the unlisted assets recovered from the H1 lows, narrowing the NAV decline to modestly below the 2019 levels. Most importantly though, after a mute 2020 in terms of investments, the company is back in acquisition-mode as per its 2021-24 strategic roadmap, boasting a €1.8bn-strong liquidity position to fund its investments in search of higher growth.
26 Mar 2021
FY20: H2 NAV progression narrows pandemic hit, HoldCo unveils new investment roadmap
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FY20: H2 NAV progression narrows pandemic hit, HoldCo unveils new investment roadmap
- Published:
26 Mar 2021 -
Author:
Jorge Velandia -
Pages:
3
Wendel closed the year on a brighter note as the operating performance and the valuation of the unlisted assets recovered from the H1 lows, narrowing the NAV decline to modestly below the 2019 levels. Most importantly though, after a mute 2020 in terms of investments, the company is back in acquisition-mode as per its 2021-24 strategic roadmap, boasting a €1.8bn-strong liquidity position to fund its investments in search of higher growth.