Record Return on Equity
The company generated an impressive return on equity of 25%, marking the fifth consecutive year of delivering a total return of over 20%.
Strong Performance by Action
Action achieved a 32% gross investment return, with sales growth of 22%, over 350 store openings, and 29% EBITDA growth. Action's like-for-like sales grew by 10.3%.
Dividend Increase
A dividend of 73p per share was announced, a 20% increase from the previous year.
Growth in Private Equity Portfolio
The private equity segment produced a 26% gross investment return, with 97% of the portfolio by value growing earnings, and 6 companies achieving over 20% earnings growth.
Infrastructure Portfolio Performance
Infrastructure produced a net investment return of 6% and a portfolio return of 10.1% for the year.