introduction to wendel. “a strong tradition of entrepreneurship supporting long-term investing”...
TRANSCRIPT
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Introduction to Wendel
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“A strong tradition of entrepreneurship supporting long-term investing”
A 310-year-old history
272 years in the steel industry
Nearly 40 years of investment experience
1. View of steelworks in 1866. Watercolor by Bertier 2. François de Wendel (1778-1829)
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€11bn Gross asset value
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Portfolio companies
Wendel at a glance
As of March 16, 2015
€5.5bnMarket capitalization
€1.7bn Cash on balance sheet
€1.5bn Undrawn available facilities
>15.0% Total
shareholder return (annualized) for the last 40 years
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310 years
of history and industrial roots
Family businesswith reference family shareholder
Permanent capitalfrom own balance sheet
Publicly listed
investment company
Who we are
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How we operate
Long- (no-) term investor
Moderate/cautious use of debt At Wendel level At portfolio company level
Professional shareholder (non-executive)
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Family Long-term
ExcellenceOpenness
Our values
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Profitable growthOrganic (best practices) External (screening, priorities, funding)
Value for all stakeholders
Build highly valued assets Over the long-term through industrial strategies and operational excellence
SustainabilitySafety / Health / Social ResponsibilityEnvironment
Our priorities
Compliance
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A global footprint of offices to support our portfolio
85 employees at holding level
c. 275k employees across portfolio
New York
Casablanca
Paris
LuxembourgFrankfurt
Amsterdam
Tokyo
Singapore
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www.cflex.com
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