(RTTNews) – Groupe Bruxelles Lambert reported lower first‑half cash earnings on Thursday, as reduced dividend income from its investments more than offset higher interest earnings.
Cash earnings fell to €296 million, down from €320 million a year earlier, primarily due to reduced dividend receipts.
The consolidated net profit rose to €53 million, up from €44 million in the prior year.
Net asset value declined to €13.08 billion (€100.77 per share) as of June 30, compared with €14.04 billion (€106.14 per share) at the end of 2025.
As of June 30, GBL held €4.6 billion in liquidity, with €2.5 billion of undrawn committed credit lines and a loan‑to‑value ratio of 0.0%.
The company reiterated its goal of achieving double‑digit annual total shareholder returns, driven by growth in net asset value per share, a dividend of €5.125 per share, and continued share repurchases.