Net income at listed French buyout group Wendel rose 21% in the first half of the year, but its rate of profit growth lagged Eurazeo, a domestic rival.

Wendel's net income rose by more than a fifth to €182m ($249m) in the six months to June compared to the same period last year. However, listed French rival Eurazeo earlier in the week revealed its profits leapt 97% to €1.2bn over the same period, generated mainly from two exits.