ICG Enterprise Trust reported a 14% growth in LTM EBITDA and a 12.5% five-year NAV return for H1 FY'25.
ICG Enterprise Trust reported strong results for the first half of FY'25, highlighting a 14% growth in LTM EBITDA and improved margins. The trust achieved a five-year annualized NAV return of 12.5% and a ten-year return of 13.2%. Its total return on NAV per share was 2.8%, with a share price increase of 10.3%. The trust's conservative valuations suggest its current 39% discount to NAV is unusual, especially given its robust performance and recent investments of £104 million.
October 23, 2024
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