Full Year 2019 Tikehau Capital SCA Earnings Call Transcript
Thank you very much. Good morning to all of you. Welcome to the presentation of the annual results for Tikehau Capital. Thank you for your presence on this fairly special day. We'll try to be precise and cut straight to the chase and answer all the questions, there are many questions you may have about the economy, financial markets and, of course, Tikehau.
I'll start with Slide 5. 2019 was a year of major growth for all key performance indicators for Tikehau, a record year in terms of fundraising with EUR 4.6 billion raised for all of our business lines. Profitability grew significantly, especially in asset management, major asset rotation because we had major disposals; a dividend that we will put through the AGM of EUR 0.50 per share; a capital increase of EUR 715 million; as well as a bond issue for EUR 500 million, which helps us significantly shore up our balance sheet because we now have EUR 3.1 billion in equity, EUR 1.3 billion in cash at the end of the year and EUR 500 million credit line. So for the Tikehau Capital Company
Access to All Earning Calls and Stock Analysis | |
30-Year Financial on one screen | |
All-in-one Stock Screener with unlimited filters | |
Customizable Stock Dashboard | |
Real Time Insider Trading Transactions | |
8,000+ Institutional investors’ 13F holdings | |
Powerful Excel Add-in and Google sheets Add-on | |
All data downloadable | |
Quick customer support | |
And much more... |