Literacy Capital PLC Reports Robust Q2 Performance
Company Announcements

Literacy Capital PLC Reports Robust Q2 Performance

Literacy Capital PLC (GB:BOOK) has released an update.

Literacy Capital PLC, a UK-based investment trust, has reported a strong second quarter with a 2.4% increase in net asset value (NAV), now at 522.6p per share, marking a continued sector-leading performance since its listing three years ago. The company’s NAV uplift was primarily driven by positive contributions from its largest holding, RCI, and other companies like Cubo Work and Wifinity, which have shown promising revenue growth. Alongside its financial achievements, Literacy Capital has also reached a charitable milestone, donating a total of £10 million to UK literacy charities since its inception.

For further insights into GB:BOOK stock, check out TipRanks’ Stock Analysis page.

Related Articles
TipRanks UK Auto-Generated NewsdeskLiteracy Capital Invests in Innovative Offshoring Firm amplify5
TipRanks UK Auto-Generated NewsdeskLiteracy Capital PLC Issues Warrants to Key Executives
TipRanks UK Auto-Generated NewsdeskLiteracy Capital PLC Reports Q3 2024 NAV Decline
Looking for investment ideas? Subscribe to our Smart Investor newsletter for weekly expert stock picks!
Get real-time notifications on news & analysis, curated for your stock watchlist. Download the TipRanks app today! Get the App