General
2 minutes
30/11/2023
Foresight Group Holdings Limited announces its results for the six months ended 30 September 2023
Diversified and resilient business model continues to deliver profitable growth.
Foresight Group Holdings Limited, a sustainability-led infrastructure and private equity investment manager, is pleased to announce its results for the six months ended 30 September 2023.
Bernard Fairman, Executive Chairman of Foresight Group, commented:
“With Core EBITDA pre-SBP up by 28% and AUM at £12.2 billion, Foresight’s diversified business model has successfully delivered a strong and resilient performance, during one of the steepest increases in interest rates in living memory. We are well positioned to benefit from interest rate stabilisation and normalisation. The energy transition is the largest investment opportunity of our generation. Foresight is ideally placed to realise this opportunity through our multiple international strategies and extensive track record of raising capital to invest in sustainable infrastructure.
On the back of this resilient performance and our strong pipeline of opportunities, we remain confident in Foresight’s ability to deliver on our strategic targets and to continue to deliver profitable growth and shareholder value.”
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Disclaimer – Forward-looking statements
This announcement, prepared by Foresight Group Holdings Limited (the “Company”), may contain forward looking statements about the Company. Such forward-looking statements can be identified by the use of forward-looking terminology, including the terms "believes", “projects”, "estimates", "plans", "anticipates",
"targets", "aims", "continues", "expects", "intends", "hopes", "may", "will", "would", "could" or "should" or, in each case, their negative or other various or comparable terminology. Forward-looking statements involve known and unknown risks, uncertainties, assumptions and other factors which are beyond the Company’s control and are based on the Company’s beliefs and expectations about future events as of the date the statements are made. If the assumptions on which the Company bases its forward-looking statements change, actual results may differ from those expressed in such statements.
There are a number of factors that could cause actual results and developments to differ materially from those expressed or implied by these forward looking statements, including those set out under “Principal Risks” in the Company’s annual report for the financial year ended 31 March 2023. The annual report can be found on the Company’s website (https://www.foresightgroup.eu). Forward-looking statements speak only as of the date they are made. Except as required by applicable law and regulation, the Company undertakes no obligation to update these forward-looking statements. Nothing in this announcement should be construed as a profit forecast.