- Caledonia Investments reported a rise in net assets in the first half of the year, but profit fell on-year as gains slowed in its investment portfolio.

For the year six months 30 September, pre-tax profit fell to £100.7m from £182.2m on-year, while net asset value total return per share increased by 4.9% since the end of March.

The quoted pool, invested in compounding businesses in the US, generated a return of 10.3%, the income pool delivered gains of 3.4%, the funds pool 10.8% and the private funds pool 1.1%.

The company proposed a 1.1% increase in its interim dividend per share to 16.6p.

At 8:20am: [LON:CLDN] Caledonia Investments Plc share price was -12.5p at 3047.5p

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