France · Delayed Price · Currency is EUR Eurazeo SE Earnings Call Transcripts
Fiscal Year 2026
-
Q1 2026 saw 11% fundraising growth to EUR 1.1bn, with AUM up 7% to EUR 39bn and strong private debt inflows. Fee-paying AUM and management fees rose, while portfolio companies delivered robust revenue growth. Share buybacks continued and new fund launches are underway.
-
The AGM highlighted strong asset management growth, increased dividends, and robust fundraising, despite negative value creation and share price challenges. All resolutions, including board renewals and compensation policies, were approved, with a continued focus on sustainability and governance.
Fiscal Year 2025
-
Fundraising and AUM grew strongly in 2025, with robust performance across private equity, debt, and wealth solutions. Portfolio value dipped slightly due to market factors, but operational metrics and capital returns to shareholders remained strong.
-
Strong fundraising and AUM growth outpaced a declining market, with robust international inflows and high realization rates. Key exits were achieved above NAV, and shareholder returns accelerated, while gearing is expected to decline through 2027.
-
Fundraising and AUM growth remained robust in H1 2025, with strong asset management performance and disciplined cost control. Value creation is expected to be flat or slightly negative for the year, mainly due to FX and cautious market calibration.
-
Q1 2025 delivered strong fundraising, AUM growth, and robust portfolio company performance, with significant asset rotation and a solid outlook for further exits and share buybacks. Market conditions remain uncertain, but fundraising and deployment momentum continue.
-
The meeting reviewed strong asset management growth, increased shareholder returns, and strategic progress despite a challenging environment. All resolutions, including a higher dividend and expanded buybacks, were approved, and governance and sustainability initiatives were reinforced.
Fiscal Year 2024
-
2024 saw robust asset management growth, record fundraising, and strong exits, offset by legacy asset write-downs. Shareholder returns rose sharply with higher dividends and buybacks, and the outlook for 2025 is positive, supported by a strong fundraising pipeline and financial flexibility.
-
Strong fundraising and AUM growth continued, with EUR 3 billion raised year-to-date and total AUM up 7% year-over-year. Asset rotation and realizations accelerated, though the M&A market remains challenging. Guidance for 2024 and long-term fee growth targets were reiterated.
-
Fundraising surged 63% year-over-year to €2.1 billion, with strong AUM and fee growth, improved operational efficiency, and enhanced shareholder returns. Asset rotation and exits accelerated, while new funds and international expansion support future growth.