B.P. Marsh shares were up 1.7% to 297p in late afternoon trading on Monday, after the group reported a total shareholder return of £17.6 million for its FY 2022.
The firm highlighted a NAV increase of £16.7 million to £166.6 million from £149.9 million, representing an 11% growth.
B.P. Marsh further mentioned a NAV per share climb of 46.3p in 462.7p compared to 416.4p in the last year.
The company announced a consolidated post-tax profit of £17.5 million against £13.7 million the year before, alongside an equity portfolio valuation uptick of 14.7% compared to 10.9%.
B.P. Marsh drew attention to its three disposals across the year of Walsingham for £5.2 million, MB for £3.6 million and Mark Edwards Partners for £1.1 million.
The firm completed a further disposal after the end of the year for Summa, which was valued at £9.6 million.
“The Group has delivered another strong set of results, against a difficult macro-economic environment, namely Covid-19,” said B.P. Marsh chairman Brian Marsh.
“The Group continues to demonstrate the effectiveness of its investment criteria, and following a number of successful disposals, will be looking for more high-quality investment opportunities to bolster an already high performing portfolio.”
The company warned investors about inflationary headwinds, but reportedly remained confident it could accomplish growth in the coming year ahead.
“There remain headwinds for all businesses, particularly the conflict in Ukraine and the inflationary environment, but I remain confident that working closely with our portfolio companies we can continue our growth trajectory and deliver for our investors.”
B.P. Marsh proposed a dividend of 2.7p per share, which is scheduled for payment in July 2022, representing a 14% raise from its dividend of 2.4p year-on-year.