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Georgia Capital PLC on Monday said its performance was boosted by Georgia’s economy as its net asset value grew. The Tbilisi-based investor in domestic businesses in Georgia said net asset value rose 11% to £37.25 per share as at September 30 from £33.61 per share at June 30. In Georgian lari, NAV per share climbed 7.9% to ₾135.51 as at September 30 from ₾125.63 at June 30. Total NAV increased 4.2% to ₾4.65 billion at September 30 from ₾4.46 billion at June 30. Revenue climbed 4.9% to ₾540.0 million, about £150.7 million, in the third quarter of 2025, from ₾514.7 million in the second quarter. Earnings before interest, tax, depreciation and amortisation jumped 25% to ₾79.7 million in the third quarter, from ₾63.9 million in the second quarter. Chair & Chief Executive Officer Irakli Gilauri said: ‘The strong performance of our resilient portfolio companies, together with our ongoing commitment to capital returns, played a pivotal role in delivering our excellent third quarter results. This performance was further supported by the resilience of the Georgian economy, which has continued to demonstrate solid and sustained growth, leading to 2025 projected GDP per capita of approximately $10,000, a significant increase from $4,301 observed in 2020. Looking ahead, I am confident that Georgia Capital is well-positioned to continue delivering on its value and growth story through consistent NAV per share growth and good levels of sustainable EBITDA growth across our large portfolio companies over the medium to long term, while continuing to return capital to shareholders.’ Georgia Capital shares were 1.2% higher at 2,550.00 pence each on Monday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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