IP Group PLC 2024 AR2
The report highlights IP Group plc's performance for the fiscal year 2024, focusing on accelerating the impact of science to address global challenges. The company achieved record cash proceeds from exits of #183.4 million, driven by the sale of Featurespace Ltd to Visa and Garrison Technology Ltd to Everfox. Despite these successful exits, the Net Asset Value (NAV) per share decreased by 15% to 97.7 pence, primarily due to valuation reductions in Oxford Nanopore and other private holdings. On the sustainability front, the company reduced its emissions intensity by 27% per FTE and progressed its goal of becoming a Net Zero company by 2030.
Company: IP Group PLC
Sector: Financials
Country: United Kingdom
Year: 2024
Type: AR2
Pages: 178
IP Group PLC
Annual Report And Accounts
The report highlights IP Group plc's performance for the fiscal year 2024, focusing on accelerating the impact of science to address global challenges. The company achieved record cash proceeds from exits of #183.4 million, driven by the sale of Featurespace Ltd to Visa and Garrison Technology Ltd to Everfox. Despite these successful exits, the Net Asset Value (NAV) per share decreased by 15% to 97.7 pence, primarily due to valuation reductions in Oxford Nanopore and other private holdings. On the sustainability front, the company reduced its emissions intensity by 27% per FTE and progressed its goal of becoming a Net Zero company by 2030.
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Document Details
Report Year
2024
Reporting Period
Jan 1, 2024 - Dec 31, 2024
Fiscal Year
2024
Type
Annual Report with Sustainability Disclosures
Language
English
Pages
File Size
Standards & Assurance
Reporting Standards
Materiality Assessment
ESG Data?Experimental — AI-extracted data, may contain inaccuracies
Emissions
Scope 1:
Scope 2:
Scope 3:
Energy Consumption
Women on Board
Women in Management
Net Zero Target
Employees