BP Marsh reports in-line trading at half-year stage
BP Marsh&Partners said its portfolio of investments had continued to perform in-line with expectations at the half-year stage of the year, despite the various uncertainties thrown up by the EU referendum.
B.P. Marsh & Partners
535.00p
17:15 20/09/24
0.00%
0.00p
Financial Services
16,083.77
16:49 20/09/24
-0.15%
-24.87
FTSE AIM All-Share
745.62
17:04 20/09/24
n/a
n/a
The self-described provider of niche venture capital to high-growth businesses reported a 4.3% increase in its net asset value to £73.8m, which boosted its NAV per share from 225p one year ago to 253p.
Profits after tax rose 19.5% to £4.0m.
Management recommended paying a full-year dividend of 3.76p, adding that its current uncommitted cash balance stood at £7.9m.