Final Results for the Year to 31 January 2020

Final Results for the Year to 31st January 2020

B.P. Marsh & Partners Plc (AIM: BPM), the specialist investor in early stage financial services businesses, announces its audited Group final results for the year to 31 January 2020.

Highlights:

  • Net Asset Value increased by £10.7m to £136.9m (31 January 2019: £126.2m), an 8.5% increase, net of Dividend
  • Net Asset Value per share increased by 29.8p to 380.1p (31 January 2019: 350.3p)
  • Total Shareholder return of 9.8% for the year including the Dividend paid in July 2019
  • Net Asset Value average annual compound growth rate of 8.5% during the year, compares to an average of 8.1% per annum since flotation and 11.8% since 1990 (net of Dividends and the cash proceeds of Placings)
  • Consolidated profit after tax of £12.5m (31 January 2019 restated: £12.4m). This constitutes an increase of 3.4% excluding one-off items of £0.4m
  • Two new investments; Agri Services Company PTY Limited in Sydney and Lilley Plummer Risks Limited in London
  • Dividend of 2.22p per share payable in July 2020 (2019: 4.76p)

Commenting on the results, Brian Marsh OBE, Chairman, said: “The Group is pleased to have continued to produce a good overall performance throughout the year despite the various challenges we faced.”

For more information, please see https://otp.investis.com/clients/uk/bp_marsh1/rns/regulatory-story.aspx?cid=736&newsid=1395618