Wendel 2018 IR
The report highlights Wendel's active year in 2018, focusing on simplifying its business model and portfolio. The company completed several major divestments, including the sales of CSP Technologies, Mecatherm, and Nippon Oil Pump, and sold a 4.73% stake in Bureau Veritas while remaining its controlling shareholder. Wendel also reinforced its investment in Stahl and supported Allied Universal's acquisition of US Security Associates. Financially, the Group improved its debt profile, receiving a Baa2 rating from Moody's and an upgraded BBB rating from S&P Global. Additionally, Wendel intensified its CSR approach by integrating sustainability objectives into the variable compensation of its Executive Board.
Company: Wendel
Sector: Financials
Country: France
Year: 2018
Type: IR
Pages: 460
Wendel
Registration Document
The report highlights Wendel's active year in 2018, focusing on simplifying its business model and portfolio. The company completed several major divestments, including the sales of CSP Technologies, Mecatherm, and Nippon Oil Pump, and sold a 4.73% stake in Bureau Veritas while remaining its controlling shareholder. Wendel also reinforced its investment in Stahl and supported Allied Universal's acquisition of US Security Associates. Financially, the Group improved its debt profile, receiving a Baa2 rating from Moody's and an upgraded BBB rating from S&P Global. Additionally, Wendel intensified its CSR approach by integrating sustainability objectives into the variable compensation of its Executive Board.
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Document Details
Report Year
2018
Reporting Period
Jan 1, 2018 - Dec 31, 2018
Fiscal Year
2018
Type
Integrated Report
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
Assurance
Assurance Provider
Assurance Standard
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Women on Board
Women in Management
Employees