B.P. Marsh & Partners Plc
(“B.P. Marsh”, “the Company” or “the Group”)
Final Results for the Year to 31 January 2022
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 ended 31 January 2022.
Highlights:
- Total Shareholder return of £17.6m for the year including the dividend paid in July 2021
- Net Asset Value increased by £16.7m to £166.6m (31 January 2021: £149.9m), an 11.1% increase
- Net Asset Value per share increased by 46.3p to 462.7p (31 January 2021: 416.4p)
- Consolidated profit after tax of £17.5m (31 January 2021: £13.7m)
- Equity portfolio valuation increase of 14.7% (2021: 10.9%)
- Three disposals during the year of Walsingham (£5.2m), MB (£3.6m) and Mark Edward Partners (£1.1m)
- A further disposal completed shortly after the Year End for Summa (£9.6m)
- Proposed dividend of 2.78p per share payable in July 2022 (2021: 2.44p)
Commenting on the results, Brian Marsh OBE, Chairman, said:
“ The Group has delivered another strong set of results, against a difficult macro-economic environment, namely Covid-19. The Group continues to demonstrate the effectiveness of its investment criteria, and following a number of successful disposals, will be looking for more high-quality investment opportunities to bolster an already high performing portfolio.”
“There remain headwinds for all businesses, particularly the conflict in Ukraine and the inflationary environment, but I remain confident that working closely with our portfolio companies we can continue our growth trajectory and deliver for our investors.”