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One Plus One Equals Three

FY23 results for The Law Debenture Group (LWDB), a company invests in various sectors, including oil and gas, basic materials, industrials, consumer goods, shows this well-proven, rare combination of a UK investment trust and the cash-generative professional services operating business (IPS) continuing to generate strong results. Performance was ahead of the broad UK equity market benchmark, within which IPS growth was just above the upper end of its mid- to high-single digit growth target and DPS was increased by 4.9%. The results build on LWDB’s long-term record of outperformance versus the benchmark and peers and above average DPS growth.

29 February 2024

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