Groupe Bruxelles: A Big 2025 Winner I Called And Missed

2025-04-27 11:24:15 ET

Summary

• Groupe Bruxelles owns high-quality listed and private businesses, currently priced at a 35% discount to NAV, with significant turnaround potential.
• FY 2024 results showed decent performance across top listed assets and strong growth in private assets, contributing to GBL's earnings.
• GBL's EUR share price is up 11% YTD, with a 7% dividend yield, making it an attractive long-term hold even after the run-up.
• The ADR, priced in USD, is up 20%, but half is from currency movement.
• I see continued upside potential in GBL and am tempted to buy before the dividend payout.

2025 has been an 'Annus Horribilis' for investors in pretty much every asset class other than Gold. In general, European stocks and value stocks have had a less rocky road....

Read the full article on Seeking Alpha

For further details see: