Rockwood Strategic Delivers Strong Performance, Sees Continued Investor Demand
Why we think this is very good
Rockwood Strategic has delivered an impressive 21.1% NAV Total Return performance, outpacing the broader market. The company has seen sustained investor demand, leading to a 25% increase in its share count and growing its NAV to £96.6m. The portfolio has performed well, with several holdings contributing strongly to returns. The tone of the update is very positive, with no indications of headwinds or challenges. Overall, this appears to be an excellent set of results for the company.
Key Points
- NAV Total Return performance of 21.1% in the Period
- Total Shareholder Return of 20.8% in the Period
- Shares traded at an average premium to NAV of 2.9%
- Issued 7.63m new shares, increasing share count by 25% and growing NAV to £96.6m
Summary
Rockwood Strategic plc (LSE: RKW) today provided a trading update ahead of its audited results for the financial year ended 31st March 2025. The company reported a NAV Total Return performance of 21.1% to 248.79p per share, which compares favourably to the 8.2% fall in the FTSE AIM All-Share and a 3.4% increase in the FTSE Small Cap (ex-ITs). Total Shareholder Return in the Period was 20.8%. The company's shares traded at an average premium to NAV of 2.9% in the Period. Sustained investor demand resulted in the issuance of 7.63m new shares in the Period, increasing the share count by 25% and growing NAV to £96.6m.