WENDEL: Wendel Investor Day

What we drew from this source

The claims Via News extracted from this document. We point to the source; we don't replace it.

• WPI direct control investments target approximately €300 million per year per investment, potentially alongside co-investors investing similar amounts

  80% confidence

• Around €1.7 billion will be invested in Wendel Principal Investments (WPI) by 2030

  80% confidence

• Wendel will maintain its Investment Grade credit rating and manage leverage prudently

  80% confidence

• WPI targets average annual increase in intrinsic value of 12% to 16%

  80% confidence

• Wendel expects to generate more than €7 billion in cash flow by end 2030 and to return at least €1.6 billion to shareholders

  80% confidence

• By end 2030, the asset management business is expected to represent more than half of Wendel's intrinsic value

  80% confidence

• WIM is expected to generate annual FRE in excess of €200 million in 2026 on a pro forma basis following acquisition of Committed Advisors

  80% confidence

• Performance fees (PRE) from next fundraising vintages could represent approximately €300 million

  80% confidence

• More than €1.6 billion is to be returned to shareholders through dividends and share buybacks by 2030

  80% confidence

• Wendel has become a global investment firm with a unique model dedicated to private assets in three years

  80% confidence

• Wendel's recurring cash flows and portfolio proceeds expected to generate solid cash inflow of more than €7 billion by 2030, enabling return of more than €1.6 billion to shareholders

  80% confidence

• Cumulative ordinary dividends expected to represent approximately €1.3 billion returned to shareholders by end 2030

  80% confidence

• More than €2.5 billion will be invested in the WIM platform by end 2030

  80% confidence

• Wendel's objective of maintaining at least a stable dividend year-on-year remains unchanged

  80% confidence

• Remaining balance of more than €1.2 billion will potentially be allocated to additional shareholder returns and/or new investments

  80% confidence

• WIM targets average organic FRE annual growth of 15% through 2030

  80% confidence

• Dividend policy based on 2.5% of WPI's NAV plus around 90% of dividend distributed by WIM; medium-term target of ~3.5% of NAV

  80% confidence

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