Caledonia reveals strong performance

Investment trust Caledonia has revealed strong full-year results for the period ending 31 March. Net asset value per share was up 14.9 per cent on the previous year and the company posted a net asset value of £1.45bn. The annual dividend per share is 49.1p, compared to 47.2p for 2013. Chief executive Will Wyatt said: “This is a strong performance in a year in which we undertook significant activity across our portfolio. Our portfolio is cautiously positioned, but we remain confident.”