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Wendel half - year 2021 trading update Historical high Net Asset Value per share of € 189.1 , up + 18.9 % vs. Dec. 31 , 2020 and up + 36.4 % year - over - year Very strong and profitable rebound by portfolio companies in H1 2021 , with activity levels often exceeding H1 2019 € 260 million in capital deployed since the beginning of the year Since December 31 , 2020 : Historically high Net Asset Value as of June 30 , 2021 , at € 8,456 million , up + 18.9 % since December 31 , 2020 and up + 36.4 % year on year Trading discount to Net Asset Value remains at a very high level ( 40.6 % ) W WENDEL ● PRESS RELEASE JULY 29 , 2021 Consolidated H1 2021 sales of € 3,997.4 million , up + 11.3 % overall Bureau Veritas posts strong first half and raises full - year 2021 outlook . Constantia Flexibles sales stable , profitability increased . Other companies achieve strong rebound in the first half : ● ● Bureau Veritas ' value up + 18.2 % . Unlisted assets ' value up + 23.6 % driven largely by the rebound in listed peers ' multiples used for valuation , as well as an increase in companies ' actual and expected earnings following their good performance , enhanced by a mark - up ( + 60 % in Q2 ) of the Wendel Lab portfolio value following the IPO of a portfolio company held by one of our invested funds . Deployement of c . € 260 million since the beginning of the year € 216.7 million invested by Wendel in partnership with the Deconinck Family to acquire Tarkett's shares as of July 28 , 2021 Wendel Lab : $ 40.0 million committed and € 18 million invested € 25 million of own shares bought back in the first half O Cromology sales up + 27.7 % year - over - year and + 6.3 % over H1 2019. EBITDA margin of 19.7 % . Stahl sales up + 32.5 % year - over - year and slightly above H1 2019. EBITDA margin of 26.0 % . CPI's sales up + 68 % year - over - year and + 8 % above H1 2019. EBITDA margin of 46.6 % Group companies : other noteworthy developments since January 1 , 2021 On April 12 , 2021 IHS Towers announced the acquisition of Centennial Towers ' Brazilian and Colombian tower operations adding 602 towers in Brazil and 217 towers in Colombia . W WENDEL 1/11