ABC Arbitrage: A ROE of 14.8% Despite Exceptional Volatility Peaks
On Tuesday, ABC Arbitrage presented its 2025 results, marked by a consolidated result of €25.1 million and a ROE of 14.8%. This performance occurred in a significantly deteriorated market environment, with exceptional VIX peaks in April and persistent tensions at the end of the year. However, the group benefited from a stabilization in the mergers and acquisitions sector and a distribution of €0.34 per share.
2025 Financial Year Closure
ABC Arbitrage closed the 2025 financial year with a consolidated result of €25.1 million, supported by a return on invested capital (ROE) of 14.8%. This relative stability came in a market context radically different from 2024. The year alternated between phases of stress and normalization, with a major shock occurring in the spring following announcements of aggressive trade policy in the United States. This event triggered exceptional VIX peaks at the beginning of April, before a rapid easing in the third quarter. Subsequently, geopolitical tensions, targeted stress on the American financial sector, and monetary uncertainties propelled volatility beyond its historical average in the fourth quarter, before calming down at the year's end.
Positive Dynamics Amid Market Shocks
Despite this alternation of shocks, ABC Arbitrage benefited from a positive dynamic in its sector. The mergers and acquisitions market stabilized at a pace comparable to 2024, even showing a noticeable increase towards the end of the year. This trajectory allowed the group to preserve its operational performance and maintain its profitability in potentially penalizing market conditions. The group's resilience thus reflects its ability to navigate a year marked by exceptional volatility movements, while capitalizing on opportunities in the mergers and acquisitions market.
Dividend Distribution for 2025
The board of directors, convened on March 19, 2026, under the chairmanship of Dominique Ceolin, approved a distribution of €0.34 per share for the 2025 financial year. This distribution policy reflects the strength of the group's result generation despite the turbulent market context. The annual results of ABC Arbitrage thus illustrate a successful year of navigating through exceptionally volatile market conditions, where the group managed to preserve both its profitability and its ability to reward its shareholders.
