Eurazeo: annual RNPG breakeven excluding exceptional items
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.
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