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Foresight Group Holdings Ltd on Tuesday raised its dividend as it reported increased assets under management and revenue amid ‘sustained investor appetite’. Foresight is an investment manager, offering institutional and retail investors access to private and listed real assets in the UK, Europe and Australia and to small and medium enterprises in the UK and Ireland. Revenue increased 11% to £81.5 million in the six months to the end of September from £73.2 million a year ago. Pretax profit climbed 43% to £22.6 million from £15.8 million, while basic earnings per share grew 50% to 16.3 pence from 10.9p. Foresight said period-end assets under management were up 3.7% to £13.68 billion at the end of September from £13.20 billion at the end of March. Funds under management increased 0.7% to £9.63 billion from £9.56 billion. The firm declared an interim dividend of 8.1 pence per share, up 9.5% from 7.4p a year ago. ‘During the period we have benefitted from sustained investor appetite for our specialist retail and institutional products. Our sales team has successfully raised a total of £566 million over the last 12 months into higher margin retail vehicles, representing a 31% increase on the prior year equivalent period and is on track for another record year in [financial 2026],’ said Executive Chair Bernard Fairman. ‘Fundraising is underpinned by investment performance, with strong recent real asset exits in Australia and from our natural capital strategy further enhancing the team’s track record.’ Looking ahead, the firm said it is on track to achieve its guidance to double core earnings before interest, tax, depreciation and amortisation pre-share base payments in the five years to financial 2029. Core Ebitda pre-SBP was up 5.5% to £30.6 million in the interim period from £29.0 million a year ago. Shares in Foresight Group Holdings were down 6.1% at 433.50 pence on Tuesday morning in London. Copyright 2025 Alliance News Ltd. All Rights Reserved.
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