RCS - GCP Infra Inv Ltd - Annual Overview from QuotedData

GCP Infrastructure InvestmentsAnnouncement

24/01/2025 10:15

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RNS Number : 6291U  GCP Infrastructure Investments Ltd  24 January 2025

GCP Infrastructure - Annual Overview from QuotedData

24(th) January 2025

Consolidate and capitalise

For most of 2024, financial conditions had finally started to turn favourably
for infrastructure investors. Inflation had dropped sharply from the
previous year, allowing the Bank of England to begin its interest
rate cutting cycle, while the new government's ambitious plans for
infrastructure development provided a renewed sense of optimism across the
sector. These green shoots were evidenced by GCP's annual results, which
showed a total shareholder return
(https://quoteddata.com/glossary/total-return/)  of 28.4%, leading to a
significant narrowing of its stubborn discount
(https://quoteddata.com/glossary/discount-to-nav/)  to net asset value (NAV)
(https://quoteddata.com/glossary/nav/) . Unfortunately, a negative reaction to
the UK budget, and concerns around the inflationary impact of US tariffs, saw
the yield on UK gilts (https://quoteddata.com/glossary/yield/)  retrace
their highs, erasing some of these gains.

Despite this, we remain increasingly optimistic about GCP's prospects as it
continues to execute on its capital recycling programme (see page 8). Coupled
with improving market conditions, an impressive policy backdrop, and its long
track record of capitalising on changing market dynamics, we believe there is
a considerable opportunity for investors at current prices.

Full Research:

https://quoteddata.com/research/gcp-infrastructure-consolidate-and-capitalise-qd/
(https://quoteddata.com/research/gcp-infrastructure-consolidate-and-capitalise-qd/)

This research is also available free on our website www.quoteddata.com
(http://www.quoteddata.com) where you will also find news, performance data
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NB: Marten & Co was paid to produce this note GCP Infrastructure
Investments Limited, and it is for information purposes only. It is not
intended to encourage the reader to deal in the security or securities
mentioned in this report. Please read the important information at the back of
this note. QuotedData is a trading name of Marten & Co Limited which is
authorised and regulated by the Financial Conduct Authority. Marten & Co
is not permitted to provide investment advice to individual investors
categorised as Retail Clients under the rules of the Financial Conduct
Authority.

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.   END  NRAPPUGUGUPAGUC