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Frontier IP Group "rigged for a storm" but confident of more progress

Frontier IP Group "rigged for a storm" but confident of more progress

Frontier IP Group PLC (AIM:FIPP, OTC:FGPPF) CEO Neil Crabb speaks to Proactive following the release of full-year results that he was "very pleased with... [given the] challenging environment".

Frontier IP's NAV rose 27% to 88.5p, described as a strong performance in the challenging backdrop while cash generation was strong.

Crabb adds the market is tough but this leaves it well-placed to take advantage of any opportunities generated by the various issues currently facing the world's markets.

The sale of more shares in portfolio company Exscientia since year-end has freed up funds for other developments and Crabb highlights solar panel specialist Pulsiv as one portfolio company going well as is Alusid in recycled ceramics.

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