UK's Utilico Emerging Markets Trust NAV per share up 21.9% in a year

Utilico Emerging Markets Trust

19/06/2026 07:09

Overview
UK infrastructure and utilities fund's annual revenue grew 29% yr/yr, NAV per share up 21.9%
Revenue earnings per share rose 36.4%, helped by higher dividends from Brazilian holdings
Company bought back 5.8% of share capital and announced special interim dividend

Outlook
Company says ongoing Middle East conflict adds uncertainty to inflation and growth forecasts
Most portfolio companies seen as operationally resilient, attractively valued, and providing sustainable cash flows

Result Drivers
BRAZILIAN DIVIDENDS - Co said higher revenue and EPS were primarily due to Brazilian companies bringing forward ex-dividend dates and distributing excess cash ahead of a tax increase
SECTOR PERFORMANCE - Strong share price and operational performance in water, waste, and energy infrastructure companies contributed to portfolio gains
SHARE BUYBACKS - Buyback of 5.8% of share capital contributed to total return and supported narrowing of share price discount to NAV

Company press release: ID:nRSS9177Ia

Key Details
Metric
Beat/Miss
Actual
Consensus Estimate
FY Revenue
 
GBP 30.68 mln
 
FY NAV Per Share
 
GBP 3.14
 
FY Net Debt
 
-GBP 7.7 mln
 

Analyst Coverage
Wall Street's median 12-month price target for Utilico Emerging Markets Trust PLC is GBp260.00, about 9.4% below its June 18 closing price of GBp287.00

For questions concerning the data in this report, contact Estimates.Support@lseg.com. For any other questions or feedback, contact reuters.support@thomsonreuters.com.

(This story was created using Reuters automation and AI based on LSEG and company data. It was checked and edited by a Reuters journalist prior to publication.)