British Business Investments Annual Report 2019
Press release
Key highlights for 2018/19 include:
- A gross annual income of £82m generated, delivering a pre-tax profit of £71m– an increase of 4.4% on 2017/18
- A gross return on average capital employed for the year of 6.5%, or 5.6% net of costs, ahead of benchmarks of 5.6% and 5.0% respectively
- Supporting over 34,000 small and medium sized business (SMEs) across the UK as at 31 March 2019, an increase of 28% on 31 March 2018
- At 31 March 2019, British Business Investments had invested £1.1bn through 46 portfolio investments.
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