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Pin to quick picks3i Group Share News (III)

Share Price Information for 3i Group (III)

London Stock Exchange
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Share Price: 2,842.00
Bid: 2,839.00
Ask: 2,840.00
Change: -3.00 (-0.11%)
Spread: 1.00 (0.035%)
Open: 2,843.00
High: 2,853.00
Low: 2,816.00
Prev. Close: 2,845.00
III Live PriceLast checked at -
3i Group is an Investment Trust

To provide its shareholders with quoted access to private equity and infrastructure returns, its main focus is on making quoted and unquoted equity and/ or debt investments in businesses and funds in Europe, Asia and the Americas.

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Retailer Action reports 25 pct jump in underlying 2017 profit

Fri, 09th Mar 2018 10:38

AMSTERDAM, March 9 (Reuters) - Discount variety storeoperator Action Holding BV on Friday reported a 25 percent risein 2017 core profit, helped by expansion in Germany and France.

Earnings before interest, tax, depreciation, amortisationand non-recurring items rose to 387 million euros ($476million), said the retailer, which opened 243 stores last year.

Sales rose by 28 percent to 3.42 billion euros, said Action,which also operates in the Benelux countries, Austria and mostrecently, in Poland.

Action is owned by Britain's 3i Group Plc, which inNovember said it had no immediate plan to sell or seek a stockmarket listing for the company, rebutting market speculation.

Separately, 3i on Friday said it has completed a 2.41billion euro refinancing of Action and that Action would pay ita dividend of 341 million euros by March 31.

Action is based in Zwaagdijk-Oost, 50 km north of Amsterdam.

($1 = 0.8130 euros)(Reporting by Toby Sterling; editing by Jason Neely)

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