British Empire Trust (BTEM)

Sector:

Investment Firms

Index:

FTSE 250

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714.00p
   
  • Change Today:
    -2.00p
  • 52 Week High: 767.00p
  • 52 Week Low: 683.00p
  • Currency: UK Pounds
  • Shares Issued: 111.25m
  • Volume: 353,585
  • Market Cap: £794.34m
  • RiskGrade: 61
  • Beta: 0.70

British Empire Trust swings to earnings in full-year report

By Josh White

Date: Friday 11 Nov 2016

LONDON (ShareCast) - (ShareCast News) - British Empire Trust posted its annual report for the 12 months to 30 September on Friday, with net asset value per share total return for the year of 31% and share price total return of 34.3%.
The FTSE 250 company reported investment income of £20.69m, down marginally on the £20.93m recorded in 2015, although revenue earnings per share rose to 14.32p from 11.75p.

Its capital earnings per share were 141.72p, swinging from a 59.95p capital losses per share in 2015, and total earnings per share were 156.04p, from losses of 48.2p per share last year.

Ordinary dividends per share remained in line with the prior year at 11.7p, though British Empire paid special dividends of 2.8p in 2016, while it paid no such dividends in 2015.

"There are an unusually large number of risks for investors at the time of writing," said chairman Strone Macpherson.

"On the geopolitical front, the consequences of the outcome of the US election, the Brexit arrangements to be negotiated, the German, French and other European elections in the year ahead, and the turmoil in the Middle East, are all major uncertainties."

Macpherson said the risk of significant policy errors by Central Banks also remained high.

"However, despite all these difficulties, and the volatility that they bring to the investment markets, such volatility often produces pricing anomalies for value investors such as British Empire."

This year's results were encouraging, Macpherson explained, before stressing the importance to recognise that British Empire has a portfolio of investments containing a large store of unrealised value reflected in the considerable see-through discount.

"Your board believes that shareholders will continue to be well served over time by maintaining the current value investment approach."

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

BTEM Market Data

Currency UK Pounds
Share Price 714.00p
Change Today -2.00p
% Change -0.28 %
52 Week High 767.00p
52 Week Low 683.00p
Volume 353,585
Shares Issued 111.25m
Market Cap £794.34m
Beta 0.70
RiskGrade 61

BTEM Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
57.02% below the market average57.02% below the market average57.02% below the market average57.02% below the market average57.02% below the market average
40.54% below the sector average40.54% below the sector average40.54% below the sector average40.54% below the sector average40.54% below the sector average
Price Trend
30.28% above the market average30.28% above the market average30.28% above the market average30.28% above the market average30.28% above the market average
29.95% above the sector average29.95% above the sector average29.95% above the sector average29.95% above the sector average29.95% above the sector average
Income
53.94% below the market average53.94% below the market average53.94% below the market average53.94% below the market average53.94% below the market average
9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average9.8% below the sector average
Growth
9.02% above the market average9.02% above the market average9.02% above the market average9.02% above the market average9.02% above the market average
41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average41.18% above the sector average

BTEM Dividends

  Latest Previous
  Final Interim
Ex-Div 06-Dec-18 14-Jun-18
Paid 04-Jan-19 29-Jun-18
Amount 11.00p 2.00p

Trades for 16-Nov-2018

Time Volume / Share Price
16:35 5,767 @ 714.00p
16:31 35,000 @ 714.00p
16:29 252 @ 714.00p
16:29 157 @ 715.00p
16:28 108 @ 714.00p

BTEM Key Personnel

Chair Susan Margaret Noble

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