Groupe Bruxelles Lambert SA

Groupe Bruxelles Lambert SA

69.00
CHF
+0.18
(+0.26%)
8.73BMarket Cap
Feb 25Next Earn
2013 Y
2014 Y
2015 Y
2016 Y
2017 Y
2018 Y
2019 Y
2020 Y
2021 Y
2022 Y
2023 Y
2024 Y
2025 Y
TTM
Revenue per Share
26.84
27.26
31.01
31.83
32.08
35.36
35.07
40.76
42.66
41.44
46.64
44.73
50.86
- -
Basic EPS, GAAP
4
5.64
6.61
-2.95
4.53
4.18
4.48
2.53
1.83
-3.99
12.28
0.99
-4.94
- -
Free Cash Flow per Basic Share
2.58
1.43
5.97
1.61
3.95
3.32
4.21
5.63
3.86
1.25
3.32
5.59
0.55
- -
Dividend per Share
2.65
2.72
2.79
2.86
2.93
3.01
3.08
3.17
2.5
2.73
2.71
2.66
4.9
- -
Book Value per Share
81.68
84.87
85.3
95.65
106.01
100.3
126.56
124.36
134.3
104.56
115.83
112.53
95.78
89.67
Tangible Book Value per Share
73.36
75.95
71.89
81.38
87.5
79.82
92.04
91.75
92.09
39.96
66.25
57.15
39.1
33.77
Basic Weighted Avg Shares
155
155
155
155
156
158
157
154
152
147
140
133
126
117
Sales/Revenue/Turnover
4,162
4,229
4,815
4,946
4,992
5,575
5,511
6,292
6,491
6,080
6,543
5,971
6,434
- -
Operating Margin (%)
16.99
18.8
24.46
19.58
16.84
17.44
18.44
17.19
11
4.96
13.1
4.17
6.13
- -
Depreciation Expense
231
235
259
264
297
318
433
539
567
677
693
558
619
- -
Net Income, GAAP
621
875
1,026
-458
705
659
705
391
279
-585
1,723
132
-625
- -
Effective Tax Rate (%)
12.64
10.88
5.83
- -
12.85
44.92
7.8
15.84
14.48
- -
22.44
434.45
- -
- -
Profit Margin (%)
14.91
20.7
21.32
-9.25
14.13
11.82
12.79
6.21
4.29
-9.62
26.34
2.22
-9.72
- -
Working Capital
2,227
2,814
1,799
1,655
612
1,933
2,067
1,901
3,005
2,444
2,223
2,821
4,449
3,539
LT Debt
3,295
3,230
3,258
2,030
2,626
3,443
5,775
6,255
7,599
10,594
7,492
7,083
7,411
7,074
Total Equity
13,691
14,284
14,544
16,374
17,936
17,630
21,339
20,473
21,788
16,820
17,010
16,125
13,373
12,343
Return on Invested Capital (%)
4.4
5.7
5.87
- -
3.38
0.81
3.55
2.83
2.23
- -
1.75
-3.27
- -
- -
Return on Capital (%)
3.77
5.02
6.2
- -
2.97
2.19
2.99
1.72
0.87
- -
7.04
-4.05
- -
- -
Return on Common Equity (%)
4.95
6.78
7.77
-3.26
4.5
4.06
3.95
2.02
1.43
-3.37
11.58
0.91
-4.87
- -

Capital Structure

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
ST Debt
781
- -
538
LT Borrowings
6,782
- -
6,338
LT Finance Leases
629
- -
737
Preferred Equity and Hybrid Capital
- -
- -
- -
Shares Outstanding
121
126
119
Market Capitalization
8,924
9,580
9,463

Working Capital

EUR

•

in mil. unless spec.
Dec'25
Mar'26
Jun'26
Total Current Assets
7,133
- -
5,973
Cash, Cash Equivalents & STI
4,080
- -
3,082
Accounts Receivable, Net
670
- -
838
Inventories
1,028
- -
1,023
Total Current Liabilities
2,684
- -
2,435
Payables & Accruals
- -
- -
- -
ST Debt
781
- -
538
Deferred Revenue
- -
- -
- -

Growth Rates

EUR

•

in mil. unless spec.

(avg. rate of change)

10 years
5 years
1 year
Total Equity
-0.01%
-7.5%
-17.07%
Free Cash Flow
13.75%
4.32%
-90.76%
Net Income, GAAP
-184.1%
-279.63%
-572.71%
Sales/Revenue/Turnover
3.18%
0.69%
7.75%
Total Cash Common Dividend
5.82%
9.18%
74.48%

Quarterly Revenue

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1,659
1,749
1,548
1,161
5,971
2025
1,673
1,707
- -
1,466
6,434
2026
- -
- -
- -
- -
- -

Quarterly Earnings Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
1.5
0.67
-1.76
0.65
0.99
2025
0.73
-0.43
- -
-3.7
-4.94
2026
- -
- -
- -
- -
- -

Quarterly Dividends Per Share

EUR

•

in mil. unless spec.

Year

Q1
Q2
Q3
Q4
FY
2024
- -
- -
- -
- -
2.66
2025
- -
- -
- -
- -
4.9
2026
- -
- -
- -
- -
- -

Company Description

CEO
Johannes Peter Huth
Full Time Employees
5,207
Sector
Finance
Industry
Financial conglomerates
Address
Avenue Marnix 24 Brussels BU Belgium 1000
IPO Date
Oct 15, 1956
Website
gbl.com
Business
Groupe Bruxelles Lambert S.A. (GBL) is a leading Belgian investment holding company focused on long-term value creation through a diversified portfolio of listed and private assets. Listed on Euronext Brussels since 1956 and headquartered in Brussels, GBL holds significant stakes in global companies including SGS (14.34%), Pernod Ricard (6.83%), adidas (3.53%), Imerys (54.72%), Umicore (15.92%), Concentrix (13.92%), Ontex (19.98%), GEA Group (0.07%) and TotalEnergies (0.01%); direct private assets encompass controlling stakes in healthcare providers Affidea (99.13%, advanced diagnostics and outpatient services across Europe) and Sanoptis (84.24%, ophthalmology services with operations in Switzerland, Germany, Spain, Italy, Austria and Greece), Canyon (51.31%, direct-to-consumer premium bicycles), plus minority stakes in Voodoo (14.99%, mobile game publishing) and Parques Reunidos (23.00%, European leisure parks); indirect private assets are managed via GBL Capital (funds, co-investments in firms like ICONIQ, Sagard and Backed); third-party asset management includes Sienna Investment Managers (pan-European strategies in listed equities, private equity, credit and venture capital). GBL operates primarily in Europe with additional exposure in North America and Asia-Pacific, targeting industrial, consumer goods, healthcare, digital and business services sectors. Recent developments include portfolio simplification through disposals such as partial SGS stake sale (€772m proceeds, Q1 2025), Umicore shares sale (completed 2025), €1.5bn from GBL Capital assets (announced November 2025, including transfers to Carlyle AlpInvest), and exclusive negotiations to sell Sienna Gestion and Sienna Private Credit to Malakoff Humanis (October 2025); value creation in direct privates with €584m uplift led by Affidea (+€478m, bolstered by €150m GBL equity injection October 2025) and Sanoptis (+€99m); enhanced shareholder returns via €5.00 dividend for FY2024 (+82%, yield 7.6%), ongoing share buybacks (€259m in 9M 2025) and total cash returns of €925m; GBL Capital ceased new commitments; net asset value stands at €14.0bn (€104.83/share) as of September 30, 2025, with liquidity of €4.8bn and LTV 1.8%.

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