The Limited Times

Now you can see non-English news...

Family businesses appeal to investors

2020-02-21T21:38:45.804Z


The year 2019 has put a spotlight on the qualities of these companies which combine prudence and long-term vision.


L'Oréal, LVMH, Pernod Ricard, Dassault Systèmes, Kering… All of these companies have one thing in common: they are significantly controlled by a family. Another singularity, they are a real hit on the stock market. Last year, these French champions literally panicked the counters. With an increase of 60%, LVMH, the world number one in luxury, has become the first European company with a market capitalization above 200 billion euros. Kering and Dassault Systèmes won 45%, Hermès 40% and L'Oréal more than 30%. Since the beginning of the year, in spite of the many troubles affecting the markets, most of them have continued to move forward.

Read also: The Arnault and Bettencourt Meyers families, first shareholders of the CAC 40

Family businesses embody values ​​that appeal to investors: long-term strategy, independence and concern for employees and shareholders. In increasingly turbulent markets, they are particularly appreciated for the regularity of their

This article is for subscribers only. You still have 79% to discover.

Subscribe: € 1 for 2 months

cancellable at any time

Enter your email

Already subscribed? Login

Source: lefigaro

All business articles on 2020-02-21

You may like

News/Politics 2024-04-04T15:27:28.438Z
News/Politics 2024-03-07T15:18:28.170Z

Trends 24h

Latest

© Communities 2019 - Privacy

The information on this site is from external sources that are not under our control.
The inclusion of any links does not necessarily imply a recommendation or endorse the views expressed within them.