- Private equity investor HG Capital Trust delivered its 'strongest ever' half-yearly results as net asset value per share rose by 13.9% in , beating its benchmark return of 13%.

For the six months ended 30 June, net asset value per share rose by 13.9% to £2.42 from £2.16 at the end of December last year, with total NAV rising to £975.1m for the period, up from £805.0m in 2018.

The firm reported revenue and earnings (EBITDA) growth of 26% and 35% respectively across the top 20 of its buyout investments - 88% of the portfolio - over the last twelve months.

The company said it expected to see further liquidity events over the next twelve months through both exits and refinancings.

'Over the twelve months to 30 June 2019, the top 20 companies, that make up 88% of our portfolio by value, reported sales growth of 26% and EBITDA growth of 35%. These are the strongest trading figures we have ever reported and evidence the quality of the businesses we own,' the company said.

At 9:23am: [LON:HGT] HG Capital Trust PLC share price was +13.5p at 237p

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