Boussard & Gavaudan
Logotype for Boussard & Gavaudan Holding Limited

Boussard & Gavaudan (BGHL) investor relations material

Boussard & Gavaudan has been delisted

Boussard & Gavaudan H1 2024 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for Boussard & Gavaudan Holding Limited
H1 2024 earnings summary27 Aug, 2024

Executive summary

  • NAV per Euro share rose 2.84% and per Sterling share 3.38% for the six months ended 30 June 2024; share prices increased 5.56% (Euro) and 4.88% (Sterling) over the same period.

  • The company is in a Managed Wind-down phase, with asset realisation targeted for completion by November 2024 following shareholder approval in September 2023.

  • All investment strategies contributed positively, with trading strategies leading performance; volatility and equity strategies faced headwinds from low market activity.

  • No changes to the Board during the period; no share buybacks executed in H1 2024.

Financial highlights

  • Net assets increased to €352.1m as of 30 June 2024 from €342.3m at 31 December 2023, a 2.87% rise.

  • Net gain and total comprehensive income for the period was €9.8m, compared to a €12.3m loss in H1 2023.

  • Basic EPS: €0.7829 (Euro shares), £1.3662 (GBP shares) for H1 2024.

  • Management fees for the period were €2.58m; performance fees were €3.5k.

  • Expense ratio (excluding performance fees) was 1.67% for H1 2024.

Outlook and guidance

  • The Board and Investment Manager are focused on orderly asset realisation by November 2024, after which the company will be liquidated.

  • Shareholders have options for cash exit or rollover as detailed in the June 2024 circular.

  • The company is no longer a going concern; financial statements prepared on a non-going concern basis.

When will BGHL return capital to shareholders?
How is Rasa valued given wind-down status?
Rationale for no auditor review this period
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.
Latest events from Boussard & Gavaudan
    Boussard & Gavaudan
    Your earnings 
season toolkit.
    Download
    Free on both iOS & Android.

    The essential earnings season companion

    The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

    Live calls and transcripts

    Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

    Find what you need faster

    Search for any keyword across all transcripts simultaneously.

    Easily store key findings

    Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

    Your watchlist. Your dashboard.

    Follow the companies that matter to you. Get a personalized feed with real-time updates.

    Be the first to know

    Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

    Consensus estimates

    Access analyst consensus estimates, valuation multiples, and revenue segments splits.

    All IR material in one place

    The easiest way to stay updated during earnings season.

    Global coverage

    All events from public companies. Live and recorded.

    Just click and listen

    No webcast links. No manual registrations.

    Research anytime, anywhere

    Built for professionals. Loved by everyone. Try our free mobile app.

    excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
    App-store-avatar.png play-store-avatar.png
    Leroy DaleyApp Store
    One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
    play-store-avatar
    Eferix Drawings Google Play
    This is genuinely one of the cleanest and fastest finance apps out there to track the market.
    App-store-avatar.png play-store-avatar.png
    anuj283App Store
    excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
    App-store-avatar.png play-store-avatar.png
    Leroy DaleyApp Store
    One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
    play-store-avatar
    Eferix Drawings Google Play
    This is genuinely one of the cleanest and fastest finance apps out there to track the market.
    App-store-avatar.png play-store-avatar.png
    anuj283App Store
    I can't remember the last time an app had such a positive impact on my investment process.
    x-avatar
    @ankurshah47_ x.com
    Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
    App-store-avatar.png play-store-avatar.png
    Amina0781App Store
    Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
    x-avatar
    @theshortbearx.com
    I can't remember the last time an app had such a positive impact on my investment process.
    x-avatar
    @ankurshah47_ x.com
    Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
    App-store-avatar.png play-store-avatar.png
    Amina0781App Store
    Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
    x-avatar
    @theshortbearx.com

    Frequently asked questions

    Explore our global coverage