A long-term investor
Wendel is a hands-on investor and shareholder that assists sector-leading companies in their long-term development. Wendel's business model combines the entrepreneurial passion born of a long family tradition with a culture of performance and accountability.
Net Asset Value 2010
Net Asset Value at 31 December 2010: €94.4 per share
Net Asset Value at 23 November 2010: €85.7 per share
Net Asset Value at €85.7 at November 23, 2010, up 35.6% since August 25, 2010 and up 64.2% in one year
Net asset value at 25 August 2010: €63.2 per share
Wendel’s net asset value stood at €63.2 per share at 25 August 2010, i.e. up +15% compared to €55 at 31 May 2010.
The discount to NAV was 29.9% at 25 August 2010.
The calculation methodology was detailed on 31 August 2009 and remains unchanged. Moreover it conforms to the recommendations of European Venture Capital Association.
Net asset value at 31 May 2010: €55 per share
At 31 May 2010, net asset value came to €55 per share (details in appendix), nearly double the figure of €28 reported at 31 December 2008. The discount to NAV was 19.4% at 31 May 2010.
The calculation methodology detailed in the 2009 annual report remains unchanged. Moreover, it conforms to the recommendations of European Venture Capital Association.
Net asset value doubled compared with 31 December 2008 to €56.9 per share at 23 March 2010
Wendel’s net asset value stood at €56.9 per share at 23 March 2010 (details in appendix 2), nearly doubled compared to €28 at 31 December 2008. The discount to NAV was 24.5% at 23 March 2010.
The calculation methodology was detailed on 31 August 2009, remains unchanged. Moreover it conforms to the recommendations of European Venture Capital Association
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