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Utilico Investments Outperforms Benchmarks

Wed, 23rd Oct 2013 10:16

LONDON (Alliance News) - Utilico Investments Ltd Wednesday said it had gained 10.6% in the three months to end-September, outperforming a 5.6% rise in the FTSE All Share, a 4.7% increase in the pound-adjusted S&P Index and a 1.5% fall in the MSCI EM index.

Utilico's gross assets, less current liabilities excluding debt, increased by GBP26 million to GBP415.5 million from GBP389.5 million during the period.

Utilico Investments shares were down 2.1% at 143 pence Wednesday morning.

By Steve McGrath; stevemcgrath@alliancenews.com; @SteveMcGrath1

Copyright 2013 Alliance News Limited. All Rights Reserved.

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