F&C Investment Trust
Logotype for F&C Investment Trust PLC

F&C Investment Trust (FCIT) investor relations material

F&C Investment Trust H2 2025 earnings summary

Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.
Logotype for F&C Investment Trust PLC
H2 2025 earnings summary16 Mar, 2026

Executive summary

  • Achieved a share price total return of +14.6% and NAV total return of +11.6% for 2025, with the share price outperforming the FTSE All-World Index benchmark (+14.2%) but NAV slightly lagging it.

  • Fifty-fifth consecutive annual dividend increase, with total dividend per share up 6.4% to 16.6p, well above inflation.

  • Portfolio remains globally diversified across listed equities and private equity, with a focus on long-term capital and income growth.

  • Share price discount to NAV narrowed from 9.2% to 6.8% over the year, aided by share buybacks.

  • Board proposes a four-for-one share split to improve liquidity and accessibility.

Financial highlights

  • NAV per share (with debt at market value) rose from 1,219.6p to 1,343.4p; share price increased from 1,108p to 1,252p.

  • Gross income reached a record £113.2m (+1.3% YoY); net revenue rose to £86.2m (+2.0% YoY).

  • Net return attributable to shareholders was £664.9m (2024: £999.8m), with EPS of 138.56p (2024: 201.11p).

  • Ongoing charges ratio remained at 0.45%, highly competitive within the sector.

  • Gearing reduced to 8.0% (2024: 8.6%), with total borrowings of £581.2m at a blended interest rate of 2.4%.

Outlook and guidance

  • Expect continued market volatility in 2026 due to geopolitical events, including US trade policy shifts and Middle East conflict.

  • Anticipate a more balanced global opportunity set, with leadership broadening beyond US technology stocks.

  • Remain committed to long-term growth in capital and income, with a diversified approach across public and private markets.

Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.
Research faster. Power your platform.

Next F&C Investment Trust earnings date

Logotype for F&C Investment Trust PLC
H1 202631 Jul, 2026
F&C Investment Trust
Your earnings 
season toolkit.
Download
Free on both iOS & Android.

Next F&C Investment Trust earnings date

Logotype for F&C Investment Trust PLC
H1 202631 Jul, 2026

The essential earnings season companion

The #1 app for qualitative research. Live earnings calls, AI chat, transcripts, and more. All for free.

Live calls and transcripts

Listen to earnings calls, CMDs, investor conferences, and more – with a podcast-like experience.

Find what you need faster

Search for any keyword across all transcripts simultaneously.

Easily store key findings

Capturing important takeaways is as simple as it gets. Even during your lunch run or commute.

Your watchlist. Your dashboard.

Follow the companies that matter to you. Get a personalized feed with real-time updates.

Be the first to know

Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned.

Consensus estimates

Access analyst consensus estimates, valuation multiples, and revenue segments splits.

All IR material in one place

The easiest way to stay updated during earnings season.

Global coverage

All events from public companies. Live and recorded.

Just click and listen

No webcast links. No manual registrations.

Research anytime, anywhere

Built for professionals. Loved by everyone. Try our free mobile app.

excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
excellent app, it gives me free access to company earnings calls and annual reports. I also love the convenience of calls being available offline so I can listen in whilst doing other things and even when internet or WiFi isn't available.
App-store-avatar.png play-store-avatar.png
Leroy DaleyApp Store
One of the very few apps you could call perfect. If something was to add to it, maybe the share price of the company when you search for it, but it's already excellent.
play-store-avatar
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
App-store-avatar.png play-store-avatar.png
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
x-avatar
@ankurshah47_ x.com
Love the app! Quartr makes it really easy to keep track of earnings calls. It also includes the reports and slides to make it easier to follow along.
App-store-avatar.png play-store-avatar.png
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
x-avatar
@theshortbearx.com

Frequently asked questions

Explore our global coverage