A measure of corporate health is revenue growth. Though imperfect, for relatively stable businesses it is a reasonable indicator of progress.

In headline, revenue growth is looking good for the portfolio in absolute terms, compared to the broader market and in the context of the current mixed macroeconomic environment.

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Please note, these views represent the opinions of the Evenlode team as of 28th October 2025 and do not constitute investment advice.

Past performance is not a reliable indicator of future results. The value of investments can go down as well as up, and investors may not get back the money they invested. Current forecasts are provided for transparency purposes, are subject to change and are not guaranteed.

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