|
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 £49 million. This is a decrease of 11% from £55 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% Copyright 2024 Alliance News Ltd. All Rights Reserved.
|
