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 (10.01.2026):
Brederode S.A. — second quarter of 2025 (half‑year ended 30 June 2025): the company reported a net loss of €141.68 million for H1 2025, driven mainly by mark‑to‑market losses in its Private Equity portfolio; shareholders’ equity stood at €3,960.83 million (€135.16 per share), a decline of 3.4% over the six months (including the May 2025 distribution).
Headline results
Net loss for the period: €141.68 million; shareholders’ equity €3,960.83m (€135.16 per share); Return on Average Equity for the period: -3.5%.
Private Equity performance
Private Equity management result: loss of €164.68m in H1 2025 (vs. gain of €139.14m in H1 2024). Private Equity portfolio value at 30/06/2025: €2,700.65m. Management points to significant EUR appreciation vs USD as a key driver; Brederode does not hedge balance‑sheet FX exposure and says cash flows in the Private Equity portfolio remained positive.
Listed securities
Listed portfolio generated a gain of €24.94m (including net dividends of €17.07m). Listed portfolio value at 30/06/2025: €1,350.86m. During Q1/Q2 the company increased Experian exposure, reduced Nestlé, and received an Iberdrola stock dividend.
Balance sheet & liquidity
Total net assets (consolidated reporting): €3,960.83m. Net financial debt reported: €78.59m (up from €69.91m at end‑2024). Confirmed credit lines: €350m (unchanged). Consolidated cash and equivalents: €11.34m.
Shareholder distributions & market performance
Distribution paid in May 2025: €40.15m (€1.37 per share). Brederode share price at period end: €118.20; share price rose 6.5% during the period and total return (including the distribution) was 7.7%. Traded volume H1 2025: 0.84m shares.
Portfolio activity & commitments
Private Equity investments in H1: €142.95m; disposals €167.60m; uncalled commitments at 30/06/2025: €1,145.76m. Valuations are based largely on GP reports and follow IPEV guidelines (unaudited valuations covered >90% of the portfolio).
Long‑term track record & outlook
10‑year IRR of shareholders’ equity: 11.4% p.a. Management notes underlying Private Equity activity and cash flows have improved excluding FX effects, M&A activity is picking up (esp. in the U.S.), and the listed portfolio positioning has been shifted toward growth while preserving quality and liquidity.
Summarized from source with an LLMView SourceKey figures
Performance
Volatility
3634 M
Market cap (USD)
4,039
Daily traded volume (Shares)
111.2 / 109.4
1 day high/low (USD)
52 weeks high/low (USD)
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Ratings & reviews
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