The 2015 results were excellent. With income growing 26% to $103m and operating profit up 27% to $77.2m, Burford continues to show the benefits of its careful investment policy. A single case with a return of $61m caught the headlines, but the benefits of diversification were evident with 16 investments contributing to cash flow from litigation investment of $140m. The return on invested capital from investments is now a cumulative 70%. The results further confirm Burford’s ability to p
07 Apr 2016
Great results and step change in investments
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Great results and step change in investments
Burford Capital Limited (BUR:LON) | 1,215 36.4 0.2% | Mkt Cap: 2,663m
- Published:
07 Apr 2016 -
Author:
Brian Moretta -
Pages:
8
The 2015 results were excellent. With income growing 26% to $103m and operating profit up 27% to $77.2m, Burford continues to show the benefits of its careful investment policy. A single case with a return of $61m caught the headlines, but the benefits of diversification were evident with 16 investments contributing to cash flow from litigation investment of $140m. The return on invested capital from investments is now a cumulative 70%. The results further confirm Burford’s ability to p