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LONDON - Rothschild & Co Continuation Finance PLC reported a profit of £11,516 for the first half of 2025, more than doubling the £4,608 recorded in the same period last year, according to a half-yearly report released Thursday.
The company, which operates as a finance vehicle for N.M. Rothschild & Sons Limited (NMR), saw its operating profit decline to £10,768 for the six months ended June 30, compared to £66 in the first half of 2024.
Interest income rose to £2.23 million from £2.13 million year-on-year, while interest expenses increased to £2.22 million from £2.13 million.
The company’s total assets stood at £101.29 million as of June 30, up from £97.45 million at the end of December 2024. The increase was primarily driven by fair value movements in the company’s €150 million loan to its parent company, which is valued at £100.31 million, up from £96.50 million at year-end 2024.
The principal activity of Rothschild & Co Continuation Finance is raising finance through the issuance of perpetual subordinated notes guaranteed by NMR, with the purpose of lending to NMR and other companies within the group.
The company’s debt securities in issue increased to £100.11 million from £96.31 million at the end of 2024, reflecting fair value movements.
Management confirmed that despite current market and geopolitical headwinds, NMR has sufficient liquidity to continue operations for the next 12 months, even in scenarios where revenue is significantly reduced.
The half-yearly financial report has not been audited or reviewed by the company’s auditors. The information in this article is based on a press release statement from the company.
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