23rd Sep 2026 12:00
(Alliance News) - Cordiant Digital Infrastructure Ltd on Wednesday said it expects momentum to build through the financial year as new contracts commence and it works to convert a growing pipeline of opportunities.
In a trading update, the Guernsey-based investor in digital infrastructure, managed by Cordiant Capital Inc, said portfolio revenue rose 20% to GBP106.6 million in the three months ended June 30 from the year prior. Portfolio earnings before interest, tax, depreciation and amortisation increased 2.0% to GBP43.6 million.
Cordiant said Ebitda growth in the quarter partly reflected project revenue phasing and customer churn, with momentum expected to build through the year as new contracts commence and management work to convert a "growing" pipeline of opportunities.
Revenue growth was supported in part by the lower-margin BT Ireland business acquired in September 2025, with good progress made to date on integration and synergy-generating initiatives.
AI-driven demand is converting into contracted revenue across the portfolio, the firm said, representing a "new and attractive" source of growth.
Chair Shonaid Jemmett-Page says: "The structural forces reshaping our sector, such as AI-driven demand, the scarcity of secured power and Europe's focus on data sovereignty, are playing directly to the strengths of the company's platforms. The result is a portfolio of strongly performing digital infrastructure businesses with their own pipelines of compelling growth opportunities."
For the 12 months ended June 30, Cordiant said its target dividend of 4.45 pence per share is 5.2 times covered by Ebitda.
Shares in Cordiant Digital Infrastructure were down 1.2% at 125.00p each in London on Wednesday.
By Jeremy Cutler, Alliance News reporter
Comments and questions to [email protected]
Copyright 2026 Alliance News Ltd. All Rights Reserved.
Related Shares:
Cordiant Digit.