Burford Capital Limited is a leading litigation finance provider in Europe, United States, and Asia. This finance and investment management company with special interests in law has continued to enjoy expansive growth over the last few years. But none more so than the recent set of results.

Burford’s is publicly traded on the London Stock Exchange and it manages its affairs from it’s London, Chicago, New York and Singapore offices, catering to a clientele of law firms around the world.

Strong Half Year Results

Burford reported its half year results on the morning of July 25. Half year profits came out at an impressive $166.3m after tax. This marks the best half year performance of the companies entire operating history, and a 17% increase on this same period last year (H1/17).

With income levels up a similar 17% to $205.2m, the above figures are hardly a surprise. A more surprising and confidence-inspiring result will be the rise in client demand for the services of Burford Capital. The company records indicate investment commitments to the tune of $540m, with single case commitments more than doubling.

Yet another record performance from the recently released half year fiscal results is a 61% increase in cash generation up to $299m. An indication that the company isn’t sacrificing margins or revenue quality to obtain that stellar growth.

Burford Capital: First half growth beats analyst predictions

Financial analysts Liberum have been left surprised by the wide margins by which Burford Capital surpassed its predicted performance levels. Its half-year profits represent 72% of the full year forecast making it highly likely that full year forecasts will now be beaten.

Is Burford Capital Now a Buy?

Burford capital has undoubtedly enjoyed much better performance than any could have predicted. As it stands, the most likely direction is up for this growing litigation investment firm. There is no need for subdued investor interest as the results indicate there is currently little to worry about. With dividends per share also enjoying an increase over the last year, the time to hop on board could be now.

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