Insight Business Support Plc (GB:KLSO) has released an update.
Kelso Group Holdings Plc, a main market listed acquisition vehicle, reports a triumphant inaugural full-year with a pre-tax profit of £2.0m, a significant turnaround from the prior year’s loss of £290k. With an impressive IRR of 55% and a year-end portfolio valued at £8.1m across four investments, the company’s strategy to unlock intrinsic value in UK stocks has yielded investment gains of £2.6m. The successful financial performance, along with an experienced Board at the helm, positions Kelso for promising long-term growth and continued contribution to UK market dynamism.
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