4th Jul 2024 11:29
3i Infrastructure PLC - Jersey-based infrastructure investment trust - Reports "continued growth" with "portfolio performing well" in its first quarter, which ended June 30. Among portfolio companies, says TCR "continued to outperform and has won notable new contracts". Tampnet "has had a robust start to the year, delivering Ebitda growth ahead of expectations whilst building on its attractive business development pipeline". ESVAGT likewise "continued its strong performance". Total income and non-income cash was GBP49 million, and 3i says it has available liquidity of GBP347 million including a GBP63 million cash balance as of June 30. Adds that it is on track to declare its target total dividend of 12.65 pence per share for the year ending on March 31, 2025, up 6.3% from 11.90p for the year before. Read More
