StockMarketWire.com - HgCapital Trust reported Monday performance that beat the wider market as net assets were boosted by double-digit revenue and earnings percentage growth.

For the year ended 31 December 2018, total return net asset value per share rose 14.3% to £21.57, beating the FTSE All-Share Index return of -9.5%.

The trust generated strong revenue and earnings (EBITDA) growth of 25% and 27% respectively across the top 20 investments (89% of the portfolio) over the last twelve months, the company said.

A final dividend of 30 pence per share was declared.

Looking ahead, the company said it 'expects to see further liquidity events over the next twelve months through both exits and refinancings'. 'Robust double-digit trading performance underpins confidence in the ongoing growth of a strong portfolio.'




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