BRIEF

on BURELLE (EPA:BUR)

Burelle SA 2023 annual results: Growth and strategic investments

Stock price chart of BURELLE (EPA:BUR) showing fluctuations.

Burelle SA published its annual results for the year 2023, marked by a solid net profit of 111 million euros and the maintenance of the dividend at 16 euros per share. The company also reported a significant increase in NAV in its real estate and private equity segments, with +9% and +16% respectively.

The holding company supported the accelerated development of its subsidiaries, highlighting historic turnover for Plastic Omnium which exceeds 10 billion euros, thanks in particular to new investments in lighting, electrification and hydrogen. . The real estate business benefited from strong hotel dynamics, while private equity benefited from the performance of its portfolio, contributing to the growth of Burelle SA.

These results demonstrate Burelle SA's balanced growth strategy, focused on sustainable development and attractive shareholder returns. Despite a -7% drop in NAV per share, the diversification of activities has enabled a regular contribution to the group's dividends and results.

In conclusion, Burelle SA reaffirms its ambitions for 2024, anticipating a notable increase in its financial results, thanks to continued investments in its various branches of activity.

R. P.

Copyright © 2024 FinanzWire, all reproduction and representation rights reserved.
Disclaimer: although drawn from the best sources, the information and analyzes disseminated by FinanzWire are provided for informational purposes only and in no way constitute an incentive to take a position on the financial markets.

Click here to consult the press release on which this article is based

See all BURELLE news