Brederode S.A.
BREB
ISIN LU1068091351 / Valor 24552426
Brederode S.A.
UMushroom community rating:
About company
Brederode S.A. is an investment company publicly traded on the Brussels Euronext and Luxembourg Stock Exchanges. The company focuses on creating long-term value for its shareholders through a diversified portfolio comprising two main sectors: private equity investments and listed securities. The private equity segment involves investing in unlisted companies, offering the potential for higher returns compared to traditional stock market investments. Meanwhile, the listed securities portfolio serves as a financial reserve to support private equity ventures, managed with a focus on maintaining a balance between defensive strategies and the pursuit of profitability, liquidity, and growth. This dual approach allows Brederode to leverage the strengths of both private and public market investments to achieve its financial objectives.
Summarized from source with an LLMView SourceSector: FinanceLatest Results (27.11.2025):
Brederode S.A. — Q2 2025 (half‑year ended 30 June 2025): the company reported a net loss of €141.68 million for the period, with shareholders’ equity per share at €135.16. The decline was driven mainly by losses in the Private Equity portfolio despite gains in listed securities; Brederode highlights significant currency effects and confirms continued positive cash flows in Private Equity.
Headline figures
Net loss for the period: €141.68 million; total shareholders’ equity: €3,960.83 million (€135.16 per share). Return on average equity: -3.5% for the period. Amounts distributed to shareholders in H1 2025: €40.15 million (€1.37 per share).
Primary drivers of the result
The Private Equity portfolio generated a loss of €164.68 million in H1 2025, while the listed securities portfolio produced a gain of €24.94 million (including €17.07 million of net dividends). FX: a marked US dollar depreciation versus the euro materially reduced Private Equity valuations; Brederode does not hedge the balance sheet.
Private Equity detail
Private Equity closing value: €2,700.65 million. Activity: investments €142.95m, disposals €167.60m, change in fair value reported around -€148.3m (net realised gains modest at €1.23m). Uncalled commitments at end‑June: €1,145.76m. Top GPs include Carlyle/AlpInvest, EQT, HIG, Ardian and others.
Listed portfolio detail
Listed securities closing value: €1,350.86 million, H1 performance +€24.94m (incl. dividends). Net dividends: €17.07m. Key holdings: Alphabet, Iberdrola, Mastercard, Relx, Microsoft, Nestlé and Brederode’s own holding in listed securities.
Balance sheet & liquidity
Net financial debt: €78.59 million at period end (up from €69.91m at 31/12/2024). Confirmed credit lines: €350 million (unchanged). Cash and cash equivalents at group level are limited but Private Equity cash flows remained positive.
Capital return & share performance
Distribution paid in May 2025: €1.37 per share. Brederode’s share price rose 6.5% over the period; total return (price change + distribution) 7.7% in H1 2025. Trading volume increased versus prior year.
Outlook commentary from the company
Excluding exchange rate effects, management reports continued positive activity in the Private Equity portfolio and improving cash flows, plus a pick‑up in M&A. Listed portfolio tilt: increased exposure to growth names while preserving quality and liquidity.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3652 M
Market cap (USD)
6,947
Daily traded volume (Shares)
111.2 / 109.4
1 day high/low (USD)
52 weeks high/low (USD)
Dividend ex-date
Dividend (USD)
Dividend yield (p.a.)
Est dividend (USD)
Est dividend yield
P/E ratio
Est P/E ratio
EPS (USD)
Est EPS (USD)
Ratings & reviews
EQUITIES OF THE SAME SECTOR
