HgCapital Trust Plc Reports A Strong NAV Performance For The First Six Months

HgCapital Trust Plc (LSE: HGT) in its results for the six months ended 30 June 2019, has once again reported a strong NAV performance on the back of robust double-digit revenue and earnings growth. The company’s Net Asset Value (NAV) was £984.3 million as on 31 August 2019, as compared to £805.0 million as on 31 December 2018. The company’s NAV per share as on 31 August 2019 stood at £2.45 whereas it was £2.16 as on 31 December 2018. Over the last twelve months, company’s revenue and EBITDA growth was of 26% and 35% respectively across the top 20 investments.

On 9th September 2019, at the time of writing, GMT 08:01 AM, HGT shares were trading at GBX 235.00, up by 11.50 points or 5.14% against the previous day closing price.