)
Visual24 Oct 2025
The rise of Alphabet
Lindsell Train Investment Trust (LTI) investor relations material
Lindsell Train Investment Trust H2 2025 earnings summary
Complete event summary combining all related documents: earnings call transcript, report, and slide presentation.H2 2025 earnings summary13 Jun, 2025
Executive summary
Net asset value (NAV) per share fell 7.2% year-over-year to £952.13, with a NAV total return of -2.2% compared to +2.1% last year.
Share price total return rebounded to +9.0% from -19.8% last year, aided by a narrowing discount to NAV from 22.0% to 14.1%.
Final dividend proposed at £42.00 per share, down 18.4% year-over-year, reflecting lower income from Lindsell Train Limited (LTL).
LTL's valuation and performance were the largest negative contributors, with its FUM declining from £15.2bn to £11.4bn and its value in the portfolio dropping from 33.6% to 26.1% of NAV.
Portfolio remains concentrated, with top holdings in LTL, London Stock Exchange, Nintendo, and RELX.
Financial highlights
Shareholders' funds decreased to £190.4m from £205.3m, a 7.2% decline year-over-year.
Basic earnings per share swung to a loss of £(22.80) from a profit of £20.97 last year.
Revenue per share fell 16.1% to £42.83; capital loss per share widened to £(65.63).
Ongoing charges remained stable at 0.8%.
Dividend yield decreased to 5.1% from 6.4%.
Outlook and guidance
Board and Manager remain committed to the long-term investment approach, despite recent underperformance.
No changes to investment objective or policy are anticipated.
Board expects the strategy to remain unchanged in the coming year, with a focus on resilience and durability in portfolio companies.
Partial view of Summaries dataset, powered by Quartr API
Research faster. Power your platform.
Next Lindsell Train Investment Trust earnings date
H1 20262 Dec, 2025
Next Lindsell Train Investment Trust earnings date
H1 20262 Dec, 2025
The essential earnings season companion
The #1 app for live earnings calls, transcripts, analyst estimates, 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.
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.
)
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.
)
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
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.
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.
Eferix Drawings Google Play
This is genuinely one of the cleanest and fastest finance apps out there to track the market.
anuj283App Store
I can't remember the last time an app had such a positive impact on my investment process.
)
@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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
I can't remember the last time an app had such a positive impact on my investment process.
@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.
Amina0781App Store
Quartr is amazing, no way around it. It is the best right now for earnings calls, presentations, and the like.
@theshortbearx.com
)
)
Frequently asked questions
Lindsell Train Investment Trust Plc is a UK-based closed-end investment trust that focuses on maximizing long-term total returns. Established to support the operations of Lindsell Train Limited, the trust invests globally in a diversified portfolio, including equities, bonds, and other financial assets, with a preference towards equities and assets denominated in Sterling. The trust also holds a significant stake in Lindsell Train Limited, aligning its interests with the investment manager's growth. The company is headquartered in London, and its shares are listed on the London Stock Exchange.
Quartr provides global coverage of all investor relation material from public companies.
Mobile app: Research anytime, anywhere with the #1 app for live earnings calls, transcripts, analyst estimates, and more. All for free.
Desktop (Quartr Pro): The leading platform for qualitative research, used daily by top firms and financial institutions.
Quartr API: Build custom solutions powered by live earnings calls, live transcripts, filings and reports, slide presentations, and more.
Yes, the Quartr mobile app is free on both iOS and Android.
Yes. Quartr provides global, industry-leading live coverage of company events such as regular earnings calls, capital markets days, M&A announcements, and investor conferences. Live with zero delays. Just click and listen.
Yes, capturing important takeaways is as simple as it gets. Even during your lunch run or commute.
Yes. Follow the companies that matter to you. Get a personalized feed with real-time updates, a tailored earnings calendar, and instant alerts when earnings calls go live.
Yes. Set keyword alerts for any company, product, or competitor. Get notified the moment they're mentioned, regardless of who's talking.
Explore our global coverage