Impax Environmental Markets PLC ORD 10P (K49J)


Impax Environmental Markets beats indices

Impax Environmental Markets' net asset value per share rose by 37.3% in the year to the end of December on a total return basis.

The company said it outperformed its global comparator index, the MSCI All Countries World Index, which rose 28.7% (total return in sterling) over the period.

IEM's environmental comparator index, the FTSE ET100, returned 21.9% over the period.

The group said: "President Trump may have changed investor sentiment around environmental markets, however the drivers advancing global environmental technologies are increasingly beyond most regulatory intervention.

"The new US Administration is committed to infrastructure spending and domestic energy production which should support future investment opportunities."

At 8:00am: (LON:IEM) Impax Environmental Markets Plc share price was +0.88p at 226p

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