Shares in Seven Group Holdings (ASX:SVW) rose as much as 4.3% to A$27.44, hitting an all-time record high.

The investment company announced their underlying fiscal year 2023 net profit after tax (NPAT) of A$654 million, an increase of 3.9% compared to the prior year.

This led to its largest intraday percentage gain since July 13.

The company also announced a high single to low double-digit earnings before interest and tax (EBIT) growth prediction for their industrial services segment in fiscal year 2024.

At the group level, they project high single-digit EBIT growth for that same period.

Last reported, Seven Group Holdings showed a year-to-date increase of 25.5%.

Seven Group Holdings is an investment company with a diversified portfolio, focusing in large part on the industrial services sector.