ICG Enterprise Trust Reports 14% EBITDA Growth and Expanding Margins

ICG Enterprise Trust plc (ICGT) has released its first half fiscal year 2025 results, highlighting strong performance in its portfolio companies. The companies reported an average EBITDA growth of 14% over the last twelve months. Margins have expanded by approximately 5%, alongside an average revenue growth of 9.4%. This growth helps assuage concerns related to the current high-rate environment.

Investment activity is on the rise, and the trust continues to see significant realization activity, with an average 26% uplift in carrying values upon exit. Investors should expect some short-term volatility. Nonetheless, ICGT’s strategy has proven resilient, reflecting a solid annualized NAV per share return of 12.5% over five years and 13.2% over ten years. ICGT maintains a balanced approach to capital returns.