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Pin to quick picks3i Infrastructure Share News (3IN)

Share Price Information for 3i Infrastructure (3IN)

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Share Price: 339.00
Bid: 337.50
Ask: 339.00
Change: 1.50 (0.44%)
Spread: 1.50 (0.444%)
Open: 337.50
High: 339.00
Low: 335.50
Prev. Close: 337.50
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3i Infrastructure is an Investment Trust

To build a diversified portfolio of equity investments in entities owning infrastructure businesses and assets by seeking investment opportunities globally, but with a focus on Europe, North America and Asia.

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IN BRIEF: 3i Infrastructure third quarter income beats expectations

Fri, 26th Jan 2024 08:46

3i Infrastructure PLC - Jersey-based infrastructure investment trust says income for its third quarter of the year ending March 31 was slightly ahead of expectations at GBP49 million. This is a decrease of 11% from GBP55 million in the corresponding three-month period a year ago. Adds it is on track to deliver its financial 2024 dividend target of 11.90 pence per share, up 6.7% from 5.57p the previous year. Sees "attractive" growth opportunities in its portfolio. For example, says portfolio company TCR continues to outperform, with earnings growth ahead of its expectations at the start of the year.

Current stock price: 322.50 pence, up 0.2% on Friday in London

12-month change: down 3.7%

By Sabrina Penty, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2024 Alliance News Ltd. All Rights Reserved.

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