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3i Infrastructure ( (GB:3IN) ) has provided an announcement.
3i Infrastructure plc reported strong portfolio performance with significant growth opportunities, evidenced by the successful sale of its stake in Valorem at a premium, and the notable expansion of its portfolio companies like TCR and Global Cloud Xchange. The company remains on track to meet its dividend target for FY25, supported by increased income and a robust balance sheet with available liquidity of £466 million. The focus on growth investments and strategic expansions in new markets, such as TCR’s entry into North America, positions 3iN well in the infrastructure sector, while maintaining a cautious outlook for certain segments like DNS:NET and Ionisos.
More about 3i Infrastructure
3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company listed on the London Stock Exchange. It is an approved UK Investment Trust that invests responsibly in infrastructure, aiming to deliver long-term sustainable returns to shareholders while positively influencing its portfolio companies and stakeholders. The company is managed by 3i Investments plc, a subsidiary of 3i Group plc, authorized and regulated by the Financial Conduct Authority in the UK.
YTD Price Performance: 0.31%
Average Trading Volume: 1,150,295
Technical Sentiment Consensus Rating: Sell
For detailed information about 3IN stock, go to TipRanks’ Stock Analysis page.
