1H25 ASX Results Release

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Stock Washington H Soul Pattinson & Company Ltd (SOL.ASX)
Release Time 20 Mar 2025, 8:23 a.m.
Price Sensitive Yes
 Soul Patts delivers 9.9% growth in cashflow, increases interim dividend by 10%
Key Points
  • Net Cash Flow From Investments increased 9.9% to $289.5 million
  • Net Asset Value grew to $12.1 billion, delivering a return of 2.4%
  • Interim dividend increased by 10% to 44 cents per share
Full Summary

Washington H. Soul Pattinson and Company Limited (Soul Patts) (ASX:SOL) today announced its financial results for the half year ended 31 January 2025 (1H25). Key highlights include a 9.9% increase in Net Cash Flow From Investments to $289.5 million, a 2.6% growth in Net Asset Value to $12.1 billion, and a 10% increase in the interim dividend to 44 cents per share. Managing Director & CEO, Todd Barlow, stated that the company's commitment to long-term value creation, decisive investment strategies, and an open mandate to seek the highest quality returns continue to benefit shareholders. The 1H25 results demonstrated solid performance across the company's three key investment measures: increasing cash generation, growing the portfolio, and managing investment risk. Statutory NPAT increased 8.1% to $326.9 million, while Group Regular NPAT increased 18.0% to $284.8 million. The company remains well-positioned to navigate current market uncertainty with its strong liquidity position and low gearing, allowing it to continue seeking opportunities to create long-term value.

Guidance

Soul Patts is not providing any high-importance, price-sensitive forward-looking financial metrics in this announcement.

Outlook

Soul Patts is well positioned to navigate current market uncertainty with its strong liquidity position and low gearing, allowing it to continue looking at opportunities that will create long-term value.