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4-Traders Homepage  >  Equities  >  Euronext Paris  >  FFP    FFP   FR0000064784

FFP (FFP)

Delayed Quote. Delayed  - 09/29 04:42:30 pm
68.42 EUR   +0.25%
09/26 FFP : Bertrand Finet will be appointed Deputy Chief Executive Office..
09/13 FFP : First-half 2016 financial report 13/09/2016 - Download
09/12 FFP : 2016 First-half results 12/09/2016 - Download
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FFP : Bertrand Finet will be appointed Deputy Chief Executive Officer of FFP 26/09/2016 - Download

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09/26/2016 | 05:45pm CEST

Neuilly-sur-Seine, 26 September 2016

Bertrand Finet will be appointed Deputy Chief Executive Officer of FFP

Bertrand Finet will join FFP to take over from Alain Chagnon as Deputy Chief Executive Officer, effective 2 January 2017.

Bertrand Finet graduated from ESSEC business school in 1988 and began his career in 1991 at 3i Group, where he was appointed head of investments and spent two years working in London before moving to the group's French subsidiary.

His experience with markets in the English-speaking world paved the way for his appointment as managing director at CVC Capital Partners France in 1996, before moving to Candover France to head up its Paris office in 2006.

Bertrand Finet was appointed to the Fonds Stratégique d'Investissement (FSI) executive committee in 2009. He became executive director of Bpifrance, where he oversaw equity investments in SMEs, in 2013, and then executive director of Bpifrance's Mid & Large Cap division in April 2015.

Alain Chagnon, who has been Deputy CEO since October 2003, will be serving as advisor to the Chairman and CEO.

Commenting this appointment, Robert Peugeot said: "I am happy to welcome a respected investment professional on-board. Bertrand Finet's wide-ranging experience will put FFP in a position to pursue its investment policy, which focuses on minority stakes in high-quality companies.

I would like to take this opportunity to thank Alain Chagnon for the part he has played in FFP's development, and for his dedication and expertise. Over the past 15 years, our assets aside from our legacy interest in Groupe PSA, have grown from €225 million at the end of 2002 to over €2 billion today."

About FFP:

FFP is an investment company listed on Euronext, majority-owned by Etablissements Peugeot Frères and managed by Robert Peugeot. FFP is one of the leading shareholders of Peugeot SA and pursues a minority shareholdings and long-term investment policy. FFP holds participations in listed companies (Zodiac Aerospace, DKSH, SEB or ORPEA), non-listed companies (Sanef or Onet), and private equity funds.

Investors relation:

Sébastien Coquard: +33 1 84 13 87 20 sebastien.coquard@groupe-ffp.fr

www.groupe-FFP.fr

Press contact :

Samuel Rousseau: +33 1 58 47 89 54 samuel.rousseau@havasww.com

FFP - Société Foncière et Financière de Participations SA published this content on 26 September 2016 and is solely responsible for the information contained herein.
Distributed by Public, unedited and unaltered, on 26 September 2016 15:45:04 UTC.

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Latest news on FFP
09/26 FFP : Bertrand Finet will be appointed Deputy Chief Executive Officer of FFP 26/..
09/13 FFP : First-half 2016 financial report 13/09/2016 - Download
09/12 FFP : 2016 First-half results 12/09/2016 - Download
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Financials (€)
Sales 2016 101 M
EBIT 2016 78,0 M
Net income 2016 -
Debt 2016 -
Yield 2016 2,42%
P/E ratio 2016 17,17
P/E ratio 2017 16,35
Capi. / Sales 2016 17,0x
Capi. / Sales 2017 17,0x
Capitalization 1 711 M
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Mean consensus OUTPERFORM
Number of Analysts 1
Average target price 80,0 €
Spread / Average Target 17%
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Managers
NameTitle
Robert Peugeot Chairman & Chief Executive Officer
Frederic A. Villain Chief Financial & Administrative Officer
Georges Chodron de Courcel Independent Director
Jean-Philippe Peugeot Vice Chairman
Marie-Hélène Peugeot-Roncoroni Vice Chairman
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