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EGL Ecofin Global Utilities And Infrastructure Trust Plc

175.50
-0.50 (-0.28%)
26 Apr 2024 - Closed
Delayed by 15 minutes
Share Name Share Symbol Market Type Share ISIN Share Description
Ecofin Global Utilities And Infrastructure Trust Plc LSE:EGL London Ordinary Share GB00BD3V4641 ORD 1P
  Price Change % Change Share Price Bid Price Offer Price High Price Low Price Open Price Shares Traded Last Trade
  -0.50 -0.28% 175.50 175.50 176.50 177.00 175.00 177.00 217,437 16:23:42
Industry Sector Turnover Profit EPS - Basic PE Ratio Market Cap
Trust,ex Ed,religious,charty -14.42M -20.26M -0.1771 -9.91 200.74M

Ecofin Global Utilities Inf Tst PLC Annual Overview from QuotedData

23/01/2024 3:50pm

RNS Non-Regulatory


TIDMEGL

Ecofin Global Utilities Inf Tst PLC

23 January 2024

Ecofin Global Utilities and Infrastructure Trust - Annual Overview from QuotedData

23(rd) January 2024

Strong outlook as macro gloom lifts

Over the past 12 months, Ecofin Global Utilities and Infrastructure (EGL), along with the broader utilities and infrastructure sector, has been at the mercy of broader macro-economic conditions. However, its recent performance in no way diminishes the long-term opportunity that exists for the fund, which should become more apparent as interest rates retreat from their highs.

The company maintains exposure to a suite of investments that stand to benefit from an ever-growing list of tailwinds as global decarbonisation and electrification trends gather momentum. Earnings growth within the portfolio has remained strong, while indiscriminate selling has driven valuations of some stocks down to historically low levels, providing an incredibly attractive opportunity for long-term investors.

Full Research:

https://quoteddata.com/research/ecofin-global-utilities-infrastructure-trust-strong-outlook-macro-gloom-lifts-qd/

This research is also available free on our website www.quoteddata.com where you will also find news, performance data and factsheets on every London listed Investment Company. QuotedData writes and distributes research on a number of quoted companies, facilitates meetings between those companies and existing and potential investors and assists in raising additional capital where required.

NB: Marten & Co was paid to produce this note on Ecofin Global Utilities and Infrastructure Trust Plc and it is for information purposes only. It is not intended to encourage the reader to deal in the security or securities mentioned in this report. Please read the important information at the back of this note. QuotedData is a trading name of Marten & Co Limited which is authorised and regulated by the Financial Conduct Authority. Marten & Co is not permitted to provide investment advice to individual investors categorised as Retail Clients under the rules of the Financial Conduct Authority.

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END

NRAUOSVRSBUAUAR

(END) Dow Jones Newswires

January 23, 2024 10:50 ET (15:50 GMT)

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