IN BRIEF: HICL Infrastructure claims "resilient" interim performance
25th Jul 2024 14:04
HICL Infrastructure PLC - London-based closed-ended investment company - In the period from April 1 to July 24, says the operational performance across its portfolio "was in line with expectations, demonstrating the resilient nature of the underlying assets". Says portfolio was underpinned by its high-quality, inflation-linked cashflows and limited variable interest rate exposure. Notes that it fully repaid its revolving credit facility in May, giving it "a robust platform from which to selectively assess opportunities for further disposals and acquisitions". Adds that it is "on track" to pay its target dividend of 8.25 pence per share for the year ending March 31, "with increased cash generation in line with expectations". Read More