)
)
Edge16 Oct 2026
Winner, Winner: The Chicken McNugget Story
How a 1940s breeding contest, a Cornell food scientist, and a hedge by Ray Dalio helped McDonald's turn the Chicken McNugget into a fast-food icon.
ICG Enterprise Trust
ICG Enterprise Trust (ICGT) investor relations material
ICG Enterprise Trust Q2 2027 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.Q2 2027 earnings summary7 Oct, 2026
Executive summary
H1 FY27 NAV per Share Total Return was 3.3%; portfolio return was 3.2% in local currency and 3.6% in sterling.
Portfolio value was £1,382.9m at 31 July 2026, with growth across multiple investment areas despite subdued transaction activity.
Twenty-four full exits generated a weighted-average 3.0x return on cost; signed exits are expected to generate ~£70m in 2027.
Financial highlights
IFRS profit was £32.3m versus a loss of £18.1m in H1 FY26; EPS was 52.67p versus (28.47p).
Portfolio value increased from £1,353m at 31 January 2026 to £1,382.9m at 31 July 2026; sterling portfolio growth included a positive £5.7m FX impact.
Total proceeds were £83.8m, down from £222.2m in H1 FY26; new investments were £65.0m versus £113.1m.
Enlarged Perimeter companies reported LTM revenue growth of 11.3% and EBITDA growth of 16.2%.
Share Price Total Return was (4.8%) over six months, compared with 7.9% for the FTSE All-Share Index Total Return.
Outlook and guidance
Priorities include a high bar for new investments, refreshing portfolio concentration through realisations, and balancing growth with buybacks and quarterly dividends.
The Board intends to pay at least 42p per share in FY27 dividends, up 8% from FY26’s 39p; the Q2 dividend was 9.5p per share.
Signed Exail and Ambassador Theatre Group exits are expected to generate ~£70m in proceeds in 2027, subject to closing.
Management fee cap reductions are planned to 1.125% of NAV from 1 February 2027 and 1.00% from 1 February 2028.
Partial view of Summaries dataset, powered by Quartr API
AI can get things wrong. Verify important information.Research faster. Power your platform.
Latest events from ICG Enterprise Trust
- Stable NAV, strong exits, robust liquidity, and AI-driven growth support resilient performance.ICGT
Q1 2027 - Strong returns, robust exits, and disciplined capital allocation drive resilient performance.ICGTQ4 2026
- Double-digit EBITDA growth, strong realisations, and disciplined capital allocation drive resilient long-term growth.ICGTCMD 2026
- Q3 NAV per share up 2.4% to 2,080p, with strong realizations and FY26 dividend guidance at 39p.ICGTQ3 2026
- NAV per share reached 1,946p, with strong exits and robust portfolio earnings growth.ICGTQ2 2025
- NAV per share rose to 1,925p, with strong returns, robust buybacks, and increased dividend guidance.ICGTQ1 2025
- Diversified strategy and disciplined risk management drive strong returns and shareholder value.ICGTStatus Update
- 10.5% NAV per Share Total Return, strong exits, and £59m returned to shareholders.ICGTQ4 2025
- NAV per share up 3.0% in Q3, with robust buybacks and a focus on secondaries and directs.ICGTQ3 2025
Next ICG Enterprise Trust earnings date
Q3 202729 Jan, 2027
ICG Enterprise Trust
Next ICG Enterprise Trust earnings date
Q3 202729 Jan, 2027
AI chat
Ask anything. Verify everything.
Ask across every event and document from public companies. Each answer links back to the exact line in the transcript, slide or filing it came from.Learn moreFind what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.)
Trust every finding
50m+ first-party documents. Every output traceable to its source.Find what matters
AI across all first-party IR material. Live calls, transcripts, slides, filings.Trust every finding
50m+ first-party documents. Every output traceable to its source.Automations
Zero in on what matters
Define the prompt once. It runs the moment a company publishes or on a schedule you set. Outputs map to the exact signals you choose.Learn more)
Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.)
Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Event-triggered research
Runs when a company publishes new material. Trigger on the first published document for the earliest possible run, or wait for a specific one.Scheduled research
Runs on a recurring cadence you set. Daily, weekly, monthly, or quarterly, for aggregate reads across a period rather than a single event.Live audio & transcripts
Be first
Join any earnings call live in one click, with no manual registration. Follow the transcript as it happens and jump straight to the moments that matter.Learn more)
Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.)
Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Live earnings calls
Join any call in one click. The audio keeps playing while you work elsewhere in Quartr.Live transcripts
Speaker-by-speaker, in real time. Searchable across every live and historical call.Quartr MCP connects your AI environment to 17K+ public companies
Pull live transcripts, filings, and slides into Claude or Codex via MCP. Combine Quartr's global IR data with any other dataset. Run agentic research and monitoring.
Included with Quartr Pro at no extra cost.Learn more
Quartr's AI stands out because it only pulls clean, first-party data from public companies. In investing, that's everything.
Jamie Ross
Investment Manager, GAM Investments
GAM
GAM
Research that used to take hours now takes seconds with Quartr Pro. Tracking shifts in tone or extracting tables, it's as simple as typing a query.
Tom O'Hara
Investment Director
Ciena
Ciena
Before Quartr we spent hours manually compiling insights through the peer earnings cycle. Now, these tasks are done faster, with greater precision.
Gregg Lampf
VP of Investor Relations
Protean
Protean
Being able to ask specific questions across years of transcripts and reports and instantly get verified answers is a game-changer.
Pontus Dackmo
CEO & Investment Manager
)
)
Frequently asked questions
ICG Enterprise Trust PLC is a UK-based closed-ended investment company focusing on private equity investments. It operates by investing in private equity funds as well as directly into private companies, with a strategic aim to provide long-term growth. The investment portfolio is diversified across various sectors, including technology, media and telecommunications, consumer goods and services, healthcare, business services, industrials, education, and leisure. A significant part of its investments are in cash-generating companies primarily located in the United States and Europe. ICG Enterprise Trust PLC is headquartered in London, United Kingdom, and its shares are listed on the London Stock Exchange.