Duke Capital (GB:DUKE) has released an update.
Don't Miss Our Christmas Offers:
- Discover the latest stocks recommended by top Wall Street analysts, all in one place with Analyst Top Stocks
- Make smarter investments with weekly expert stock picks from the Smart Investor Newsletter
Duke Capital Limited has reported a 5% year-over-year increase in recurring revenue for Q1 FY25, totaling £6.3 million, and forecasts a record £6.4 million for Q2 FY25, indicating strong operational performance despite economic challenges. The company has actively invested in various ventures, including a £2.9 million follow-on investment into Step investments and a £3.0 million hybrid credit investment into United Glass Group to facilitate acquisitions. Duke’s CEO expresses confidence in the diversified portfolio’s ability to deliver reliable returns and maintain a robust dividend stream for shareholders.
For further insights into GB:DUKE stock, check out TipRanks’ Stock Analysis page.
