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Pantheon will report its May year-end numbers on 4 August. Some of the figures, such as the NAV and cash, had already been reported in its May update. We expect results to confirm some key business trends – strong investee company EBITDA growth (ahead of public markets), good uplifts on exits and the drivers behind strong net cash generation. Perhaps, equally importantly, we expect further reiterations on the valuation approach, and why investors can take comfort that it is conservative. There are proven uplifts on exit, no incentive to inflate, a growth sector focus, a low REG ratio, and minimal exposure to unprofitable companies.
If you'd like to be introduced to the team at Pantheon International Plc, get in touch.Request a meeting