Audio Note: AssetCo – Results show good progress

In this audio note, Zeus’ Robin Savage summarises the investment case for AssetCo.

AssetCo’s results to 30 September 2022 show the impact of investing £40m into a cash shell: £22m was invested in Parmenion, which has delivered 12% organic growth and doubled its EBITDA margin to 37%; progress is being made in the other investments in asset management businesses.

Listen to the audio note below, and read the full research here.

Listen to all episodes of the Zeus Research team Audio Notes here.

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