Join us for our Investor Forum, featuring a number of companies from a diverse range of sectors, including a mix of AIM and main market listed stocks. The event will be hosted by Keith Hiscock, Hardman & Co CEO, live on Zoom at 3pm on Thursday 18 November 2021.
We will be joined by speakers from DWF Group, Fulham Shore and ICG Enterprise Trust, who will provide an insight into their area of expertise, share an update on their current position and discuss growth plans and opportunities for the future. Each presentation will be followed by a moderated Q&A session.
The connecting theme of COVID-19 adversity has brought our presenting companies together. Fulham Shore has successfully navigated its way through the pressures of the restaurant industry, while in contrast, legal service firms, such as DWF, seem to have experienced more benign conditions. In addition, ICG Enterprise Trust will help us understand private equity investing – an asset class which has seen considerable growth in money managed. Finally, our renewables analyst, Nigel Hawkins, will share his latest thoughts on the 21 quoted Renewable Energy Investment Funds, capitalised at c.£14.3bn.
DWF Group is a leading global provider of integrated legal and business services. This is one of the few publicly listed UK law firms providing an opportunity to invest in the significant improvement in business conditions on the back of a COVID-19 recovery. The company’s business is organised into four divisions: Commercial, Insurance, International and Connected Services. In terms of differentiation, DWF is the only main market listed global legal business, has a unique client proposition and is the only law firm to own a market-leading alternative legal services provider. Full year results revealed revenue growth of 14% and operating profit growth of 21%.
Fulham Shore is a group of distinct growth restaurant businesses operating in the UK, each driven by skilled and incentivised restaurant entrepreneurs. It owns and operates Franco Manca and The Real Greek, strategically aiming to increase the value of each business. The company seeks to continually improve the brand offering and expand the number of sites within each brand. Profits are reinvested into the business, opening new restaurants and incentivising staff through profit-sharing schemes.
ICG Enterprise Trust gives investors a liquid, managed option to replicate what professional pension fund managers and long-term investors do. It accesses above-market compounding returns, and diversifies risk. ICGT has strong corporate governance, good disclosure and a simple structure. Its defensive growth strategy has consistently delivered superior returns across cycles. In our view, the discount to NAV of 16% offers additional value to compounding NAV growth.