Wendel

Wendel reports a market-driven decline in NAV per share of 3.6% in Q1 2026 to €158.4, which the company partly offset with a share buyback program (4.7% of capital, €340 million). Assets under management rose markedly to €41.8 billion and increased by about €7 billion following the acquisition of Committed Advisors, boosting management fees and other income to €106 million (+130% y/y). The stock reacted positively (+2.49% to €86.3), and management emphasizes further growth in asset management as well as strategic partnerships with BNP Paribas and Axa to strengthen distribution. » Altro su de.investing.com

Wendel reports robust growth of its asset-management platform in Q1 2026: asset-management revenue rose 130% year‑on‑year and assets under management increased to around €50 billion following the acquisition of Committed Advisors. Net asset value per share was €158.4 on March 31 (−3.6% versus the prior quarter), with an expected recovery to about €164 after quarter‑end; share buybacks had a positive effect on NAV. Management continues to emphasize liquidity preservation and conservative leverage, but sees valuation risks from compressed market multiples and integration risks related to the acquisition. » Altro su de.investing.com

Wendel generated cumulative proceeds of around €1.65bn from the sales of Stahl and IHS, accelerating the shift toward asset management. The fully diluted NAV per share rose to €164.2; Wendel Investment Managers now manages roughly €41.2bn (pro‑forma ~€47bn) and produced fee‑related earnings of €140m with a 39% margin. The company is raising the dividend by 8.5% to €5.10 per share and launching a share buyback program for about 9% of capital; the pro‑forma loan‑to‑value ratio falls to 9.6%. Wendel confirms progress against its 2030 targets but still sees risks from market volatility and regulatory changes. » Altro su de.investing.com