Duke Capital (GB:DUKE) has released an update.
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Duke Capital Limited has reported a 5% year-over-year increase in recurring revenue for Q1 FY25, totaling £6.3 million, and forecasts a record £6.4 million for Q2 FY25, indicating strong operational performance despite economic challenges. The company has actively invested in various ventures, including a £2.9 million follow-on investment into Step investments and a £3.0 million hybrid credit investment into United Glass Group to facilitate acquisitions. Duke’s CEO expresses confidence in the diversified portfolio’s ability to deliver reliable returns and maintain a robust dividend stream for shareholders.
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