Eurazeo reports net income (Group share) for 2023 of 1.82 billion euros, compared with 747 million the previous year. Excluding non-recurring items, the investment company's RNPG came out at breakeven (-5 million).

In asset management, it boasts fee related earnings up 22% to 138 million euros, an improvement in the FRE margin of 3.8 points to 34.8%, as well as a 9% year-on-year increase in assets under management to 35 billion euros.

An ordinary dividend up 10% to 2.42 euros per share will be proposed for 2023. After share buybacks worth 129 million euros last year, Eurazeo has begun a new share buyback program worth 200 million euros for 2024.

Copyright (c) 2024 CercleFinance.com. All rights reserved.