GCP Infra Invt Shs GBP (GB:GCP) has released an update.
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GCP Infrastructure Investments Ltd reports a profit of £9.9 million for the first half of 2024, maintaining dividends at 3.5 pence per share in line with their annual target. The company’s net asset value per share decreased slightly to 107.62 pence, with total shareholder returns at 12.5% for the period, indicating robust performance despite economic challenges. Additionally, GCP Infra’s focus on executing its capital allocation policy has led to a material reduction in leverage and a strategic shift in portfolio composition.
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