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Davy Research

TRIG plc

Q2 NAV declines modestly

Aug 2 2024, 08:13 IST/BST
Michael Mitchell
Kate Nurse
Company Report
6 page(s)

Sectors : Renewable Infrastructure

Companies : TRIG plc

Ratings and price correct at time of issue.

TRIG plc

Closing Price: 105p
RATING 09/05/23
NEUTRAL
PREVIOUS RATING N/A

Person's Name

Michael Mitchell

Analyst

Person's Name

Kate Nurse

Analyst

DAVY VIEW

TRIG has announced that its net asset value (NAV) declined modestly in Q2 to 123.4p/share (125p/share at the end of Q1). It follows the announcement yesterday (August 1st) of the €100m disposal of a stake in Gode offshore wind farm and the recycling of capital via a £50m share buyback programme. Full results will be released on August 9th.

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Aug 2 2024, 08:13 IST/BST