This financial report analyzes Belgian holding company GBL. It discusses GBL's stock price evolution, dividend history showing steady increases, and annual profit trending upward since 2008. The report concludes GBL is a good investment due to its constant dividend growth, revitalized profits, ample cash for new investments, and positive price-to-earnings ratio.

1. A FINANCIAL REPORT ABOUT GBL

2. SUMMARY
 Intro
 Financial analysis
 Evolution of the share Price
 Dividend history
 Annual profit
 Conclusion

3. WHO AND WHAT IS GBL
 GBL stands for ‘Groupe Bruxelles Lambert’
 A Belgian industrial holding company
 BEL 20
 Stock market capitalization : 9,6 billion
 Listed on stock exchange since 1956

4. A FINANCIAL ANALYSIS
1

5. DIVIDEND HISTORY
3
2.5
2
1.5 Gross Dividend
Net dividend
1
0.5
0
2008 2009 2010 2011 2012

6. ANNUAL PROFIT
Per million
800
700
600
500
400
300
200
100
0
2008 2009 2010 2011 2012

7. OTHER FINANCIAL FACTORS
Price/current earnings
20
15
10 Price/current
5 earnings
0
2012 2013 2014
Cash for investments Own
capital, 60
0
Borrowed
capital
(possible);
1800 Numbers in million

8. FINANCIAL CONCLUSION
 Share price will increase
 Constant increasing dividend
 Profit is revitalizing
 Enough cash to invest in new sectors
 Price per current earnings positive!
4 reasons for a good investment!

9.  Thank you for your attention!