4 March 2025 - final results

We had to sell our holding in Kitwave Group out of the Aggressive Growth Portfolio last month as the share price fell to the 285p stop loss limit.  The company has now announced its results for the year to 31 October 2024 and these have come in slightly below our expectations.  Revenues for the year were up just over 10% at £664m (2023: £602m), with adjusted pre-tax profits rising slightly to £27.9m (2023: £27.6m).  Earnings per share were marginally down at 30.0p (2023: 30.3p) and the dividend for the year . . .

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