3i Infrastructure (3IN)

Sector:

Financials

Index:

FTSE 250

 324.50p
   
  • Change Today:
      0.000p
  • 52 Week High: 350.00
  • 52 Week Low: 301.00
  • Currency: UK Pounds
  • Shares Issued: 922.40m
  • Volume: 65,868
  • Market Cap: £2,993.19m
  • Beta: 0.00

3i Infrastructure reports 'strong momentum' for the half, says will hit dividend target

By Alexander Bueso

Date: Friday 30 Sep 2022

LONDON (ShareCast) - (Sharecast News) - 3i Infrastructure reported strong momentum in its portfolio companies over the first half and said it was on track to hit its full-year dividend target of 11.15p per share.
The infrastructure investor reported income of £73m and non-income cash of £25m for the six months ending on 29 September.

That compared to £56m of income and zero non-income cash during the comparable year ago period.

Scott Moseley and Bernardo Sottomayor, managing partners and co-heads of European Infrastructure, 3i Investments plc, highlighted the company portfolio's "proven resilience", telling investors that it was "structurally positioned to continue to deliver value growth in real terms".

"The market for infrastructure investments remains competitive, with significant fund-raising activity amongst our private markets' competitors and strong demand for quality infrastructure assets."

Infinis , Attero and Valorem meanwhile had made good progress on expanding their renewable energy development platforms.

TCR, the ground support equipment specialist, returned to its pre-Covid level of earnings before interest, taxes, depreciation and amortisation during the period, while ESVAGT had outperformed expectations for the half due to the emphasis on security of energy supply in Europe.

3i Infrastructure also said it remained confident in DNS:NET's ability to meet its targets for rolling out its fibre-to-the-home network in Berlin.

Aside from the recent refinancing of Tampnet, the Nordics-focused data centre services provider, no "material" refinancing requirements existed until 2026.

Over 85% of the company's long-term debt facilities were hedged or fixed rate and its £900m revolving credit facility had been extended until November 2025.

The full-year dividend was seen increasing by 6.5% versus FY2022 and was expected to be fully covered.

As of 1110 BST, shares of 3i Infrastructure were trading up by 2.95% to 297.0p.

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Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

 

3IN Market Data

Currency UK Pounds
Share Price 324.50p
Change Today 0.000p
% Change 0.00 %
52 Week High 350.00
52 Week Low 301.00
Volume 65,868
Shares Issued 922.40m
Market Cap £2,993.19m
Beta 0.00

3IN Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
86.83% above the market average86.83% above the market average86.83% above the market average86.83% above the market average86.83% above the market average
74.00% above the sector average74.00% above the sector average74.00% above the sector average74.00% above the sector average74.00% above the sector average
Price Trend
24.26% above the market average24.26% above the market average24.26% above the market average24.26% above the market average24.26% above the market average
16.98% above the sector average16.98% above the sector average16.98% above the sector average16.98% above the sector average16.98% above the sector average
Income
53.89% above the market average53.89% above the market average53.89% above the market average53.89% above the market average53.89% above the market average
20.69% above the sector average20.69% above the sector average20.69% above the sector average20.69% above the sector average20.69% above the sector average
Growth
44.11% below the market average44.11% below the market average44.11% below the market average44.11% below the market average44.11% below the market average
32.61% below the sector average32.61% below the sector average32.61% below the sector average32.61% below the sector average32.61% below the sector average

What The Brokers Say

Strong Buy 2
Buy 3
Neutral 1
Sell 0
Strong Sell 0
Total 6
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

3IN Dividends

  Latest Previous
  Final Interim
Ex-Div 12-Jun-25 21-Nov-24
Paid 11-Jul-25 13-Jan-25
Amount 6.33p 6.33p

Trades for 28-May-2025

Time Volume / Share Price
09:33 644 @ 324.80p
09:27 3,000 @ 326.00p
09:26 3,000 @ 326.00p
09:22 5,000 @ 326.00p
09:21 459 @ 325.08p

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