B.P. Marsh & Partners Reports Record Profit and NAV Growth in Annual Results
Why we think this is very good
The financial performance of B.P. Marsh & Partners is exceptionally strong. Profit before tax more than doubled to £104.7m, while Net Asset Value grew by an impressive 42.4% to £326.4m. The company's cash position strengthened significantly to £74.1m, and it remains debt-free. The increased dividend payout and positive outlook for future investments further underscore the company's robust financial health and growth prospects. The successful exits from investments and diversification of the portfolio demonstrate effective risk management and value creation.
Key Points
- Consolidated profit before tax increased to £104.7m from £43.6m
- Net Asset Value grew by 42.4% to £326.4m
- NAV per share rose to 890.0p, a 41.5% increase
- Cash and cash equivalents increased to £74.1m from £40.5m
- The Group remains debt-free
- Dividend payments increased to 10.72p per share from 5.56p
- Successful exits from investments in Paladin Holdings Limited and Lilley Plummer Holdings Limited
- Four new equity investments made during the year
- Strong pipeline of new investment opportunities
Summary
B.P. Marsh & Partners Plc has delivered exceptional financial results for the year ended 31 January 2025. The Group's consolidated profit before tax soared to £104.7m, more than doubling from £43.6m in the previous year. Net Asset Value (NAV) increased by 42.4% to £326.4m, with NAV per share rising to 890.0p. The company's cash and cash equivalents strengthened to £74.1m, up from £40.5m, while remaining debt-free. The Group has increased its dividend payments and maintains a positive outlook, with a strong pipeline of investment opportunities. These results demonstrate the company's ability to create significant value through its strategic investments in the financial services sector.