Reduction in NAV8 Mar 2024 10:36
A good result in terms of profit and dividend but looking back revenue is only marginally lower than it was in 2020 but Operating Profit is down by 62%
Also and without having examined the financials in too much detail, I find it rather strange that, despite last year's share buyback, NAV has plummeted by 25% to 238p and by 60% on the 2020 figure.
No doubt there is an accounting Guru out there who can shed some light on the above
(I am assuming here that the figures shown in "Fundamentals" above have been spread accurately bit if one does the maths on the Income Statement, they don't seem to add up|)