ICGT ICG Enterprise Trust

Hardman & Co Research on ICG Enterprise Trust plc: Portfolio: 14% EBITDA growth + widening margins

Hardman & Co Research
Hardman & Co Research on ICG Enterprise Trust plc: Portfolio: 14% EBITDA growth + widening margins

23-Oct-2024 / 07:30 GMT/BST
The issuer is solely responsible for the content of this announcement.


Hardman & Co Research on ICG Enterprise Trust plc: Portfolio:

14% EBITDA growth + widening margins

 

The key message from ICGT’s 1HFY’25 results (to July) is the continued strength of the operating companies, which delivered an average 14% LTM EBITDA growth. Margins have widened by ca.5% (average revenue growth 9.4%), which should help allay some concerns over the impact of the higher-rate environment. New investment is accelerating, and realisation activity continued with an average 26% uplift to carrying values on exit. A degree of short-term volatility is to be expected, and the five- and 10-year total annualised NAV per share return (12.5% and 13.2%, respectively) are a good reflection of what investors are getting from ICGT’s defensive growth strategy. ICGT has a balanced capital return policy.

 

Please click on the link below for the full report:

If you are interested in meeting the company, you can register your interest by clicking on the above link.

To contact us:

Hardman & Co

9 Bonhill Street

London

EC2A 4DJ

 

Follow us on X:

Contact:

Mark Thomas


 

 



 

Hardman & Co Research can be accessed for free under MiFID. Please to read the statement.

About Hardman & Co: Hardman Research Ltd, trading as Hardman & Co, is an appointed representative of Capital Markets Strategy Ltd and is authorised and regulated by the Financial Conduct Authority; our FCA registration number is 600843. Hardman Research Ltd is registered at Companies House with number 8256259. Attention is drawn to the important disclaimers at the end of the report.



Dissemination of a CORPORATE NEWS, transmitted by EQS Group.
The issuer is solely responsible for the content of this announcement.


End of Announcement - EQS News Service

2013819  23-Oct-2024 

fncls.ssp?fn=show_t_gif&application_id=2013819&application_name=news&site_id=research_pool~~~9efe1c65-8ece-4ff7-9608-f21c8e0a38a3
EN
23/10/2024

Underlying

To request access to management, click here to engage with our
partner Phoenix-IR's CorporateAccessNetwork.com

Reports on ICG Enterprise Trust

 PRESS RELEASE

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 21 November 2024 Transaction in Own Shares The Company announces that on 20 November 2024 it bought back 80,000 of its own shares, to be held as treasury shares, at an average price of 1230 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 8,275,308.Total shares in issue excluding treasury shares following settlement of this purchase: 64,637,692. The Company has bought back these shares under the authority granted by shareholders at its A...

 PRESS RELEASE

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 20 November 2024 Transaction in Own Shares The Company announces that on 19 November 2024 it bought back 10,000 of its own shares, to be held as treasury shares, at an average price of 1236 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 8,195,308.Total shares in issue excluding treasury shares following settlement of this purchase: 64,717,692. The Company has bought back these shares under the authority granted by shareholders at its A...

 PRESS RELEASE

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 19 November 2024 Transaction in Own Shares The Company announces that on 18 November 2024 it bought back 100,000 of its own shares, to be held as treasury shares, at an average price of 1250 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 8,185,308.Total shares in issue excluding treasury shares following settlement of this purchase: 64,727,692. The Company has bought back these shares under the authority granted by shareholders at its ...

 PRESS RELEASE

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 18 November 2024 Transaction in Own Shares The Company announces that on 15 November 2024 it bought back 15,000 of its own shares, to be held as treasury shares, at an average price of 1251 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 8,085,308.Total shares in issue excluding treasury shares following settlement of this purchase: 64,827,692. The Company has bought back these shares under the authority granted by shareholders at its A...

 PRESS RELEASE

Transaction in Own Shares

Transaction in Own Shares ICG Enterprise Trust plc (the “Company”) 15 November 2024 Transaction in Own Shares The Company announces that on 14 November 2024 it bought back 10,000 of its own shares, to be held as treasury shares, at an average price of 1250 pence per share. Further details are set out below: Number of shares held as treasury shares following settlement of this purchase: 8,070,308.Total shares in issue excluding treasury shares following settlement of this purchase: 64,842,692. The Company has bought back these shares under the authority granted by shareholders at its A...

ResearchPool Subscriptions

Get the most out of your insights

Get in touch