Literacy Capital PLC (GB:BOOK) has released an update.
Literacy Capital PLC reports a robust first quarter in 2024, with a net asset value (NAV) increase of 2.0% to £306.2 million, buoyed by strong cash inflows and strategic investments, such as a stake in Live Business Group. The company’s portfolio showed varied growth, with expectations of increased activity and interest from potential acquirers as the year progresses. Despite the diverse performance of portfolio companies, overall growth is anticipated to improve in the second half of the year.
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