Burelle SA

BUR

Equity

ISIN FR0000061137 / Valor 487791

Euronext - Euronext Paris (2024-12-24)

EUR 313.00+0.64%

Burelle SA
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About company

Burelle SA is a French holding company, primarily owned by the family of its founder, Pierre Burelle. Established in 1957 and publicly traded on the Lyon Stock Exchange since 1987, Burelle SA focuses on managing and guiding the development policies of its subsidiaries. The company's portfolio includes a significant 60.01% stake in Compagnie Plastic Omnium, a global leader in innovative mobility solutions, offering products such as intelligent exterior systems, custom complex modules, lighting systems, energy storage systems, and electrification solutions. Additionally, Burelle SA fully owns Burelle Participations, a private equity firm, and Sofiparc, a real estate company. Through these subsidiaries, Burelle SA operates across various sectors, including automotive equipment, capital investment, and real estate, leveraging its expertise to foster growth and innovation within its holdings.

Summarized from source with an LLMView SourceSector: Industrials

Net Income

Burelle SA reported a consolidated net income of €111 million for the fiscal year 2023. This represents a decrease compared to the previous year, primarily influenced by the performance of its subsidiary, Plastic Omnium, which contributed €99 million to the net income after accounting for treasury shares.

Revenue Growth

For the year 2023, Burelle SA achieved a consolidated revenue of €10.328 billion, marking a significant increase of 20.8% compared to 2022. This growth was driven by the strong performance of Plastic Omnium, which saw its economic revenue rise to €11.4 billion, surpassing the €10 billion mark for the first time.

Dividend Maintained

Burelle SA has maintained its dividend at €16 per share for the year 2023. The total dividends received by Burelle SA amounted to €38.1 million, with the majority coming from Compagnie Plastic Omnium SE (€34.1 million), followed by Sofiparc and Burelle Participations, each contributing €2 million.

Investment and Financial Position

In 2023, Burelle SA made nearly €500 million in new investments to bolster the development of its industrial activities. The company also reported a favorable financial structure with significant available liquidity, supporting both its subsidiaries and the holding company itself.

Asset Net Revaluation

The Net Asset Value (NAV) of Burelle SA stood at €1.455 billion, or €830 per share, as of December 31, 2023. This represents a 7% decrease from the previous year, largely due to the decline in the market value of Compagnie Plastic Omnium SE. However, the NAV of Sofiparc and Burelle Participations saw notable increases, contributing positively to the overall portfolio.

Summarized from source with an LLMView Source

Key figures

-22.1%1Y

-50.8%3Y

-59.6%5Y

Performance

29.2%1Y

28.2%3Y

31.6%5Y

Volatility