B.P. Marsh & Partners PLC announces its Group Final Results for the year to 31 January 2025 (the “Year”).
Highlights:
B.P. Marsh & Partners PLC announces its Group Final Results for the year to 31 January 2025 (the “Year”).
Highlights:
Net Asset Value at 31 January 2025:£326.4m (31 January 2024: £229.2m; 31 July 2023: £203.5m)
Net Asset Value per share 31 January 2025: 890.0p (31 January 2024: 629.0p; 31 July 2023: 567.3p)
Consolidated profit before tax of £104.7m for the Year (six months to 31 July 2024: £29.0m; six months to 31 January 2024: £15.6m)
Total Shareholder return of 44.2% for the Year Including NAV uplift and total dividend of £4.0m paid Mar 2024/May 2024/Jul 2024
Cash of £74.1m as at 31 January 2025
Current cash of £80.2m, following receipt of the proceeds from the sale of CBC
Commenting on the results, Brian Marsh OBE, Chairman, said:
”From inception over 30 years ago our investment philosophy has been consistent and continues to deliver strong returns. This latest increase in NAV is testament to our strategy, enabling the Company to continue to invest in high quality management teams as well as rewarding shareholders.
Brian Marsh OBEChairman of B.P. Marsh & Partners PLC
Looking across our portfolio and the new opportunities we see, I am confident that B.P. Marsh remains the partner of choice for exciting start-up insurance intermediaries, which will drive further growth in the future.