Cordiant Digital Infrastructure Ltd (LSE:CORD) joint managing directors Steven Marshall and Benn Mikula, alongside chief financial officer Mark Tiner, joined Stephen Gunnion in the Proactive studio to discuss the company's strong results for the first half of the financial year.
Marshall highlighted a 5.4% growth in NAV, reaching 124.4 pence, and announced an interim dividend of 2.1 pence, covered 4.7 times by EBITDA. He attributed this growth to strong performances from their three primary operating companies—České Radiokomunikace, Emitel, and Speed Fibre Group.
Tiner delved deeper into the numbers, noting an EBITDA growth of 15.2% across the portfolio, with Emitel achieving 15.7%, CRA recording 16.5% growth driven by its cloud business, and Speed Fibre Group delivering 7.2%.
Mikula identified three pillars underpinning the company’s success: its skilled team, strategic clarity, and operational experience. He emphasised the team's ability to consistently execute a buy, build, and grow model.
Marshall explained the company’s cautious capital allocation policy, balancing dividends with share buybacks and reinvestments in growth. He assured investors that CORD's assets are well-positioned to deliver sustainable growth, fueled by long-term contracts and rising market demands.