Mercia Asset Management (GB:MERC) has released an update.
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Mercia Asset Management has reported a 34% increase in EBITDA and a 6% rise in interim dividends for the first half of 2024, driven by a substantial growth in assets under management to over £1.8 billion. The company’s diversified investment strategy and strong regional focus have contributed to its robust financial performance, despite facing external economic challenges. These results highlight Mercia’s commitment to supporting growth in regional SMEs and its successful model of deploying capital across venture, debt, private equity, and proprietary investments.
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