Results for the six months to 30 September 2017
3i Infrastructure plc (“the Company”) today announces its results for the six months to 30 September 2017.
Good portfolio performance drove growth in net asset value
Strong growth in income
Maintained an efficient balance sheet
On track to deliver the dividend target for the year
Richard Laing, Chairman of 3i Infrastructure plc, said: "The Company has had a good first half of the year, with a total return ahead of target."
Phil White, Managing Partner, Infrastructure, 3i Investments plc, said: "Our investments have delivered strong NAV growth and income to the Company, through our focus on engaged asset management."
For further information, please contact:
Richard Laing, Chairman, 3i Infrastructure plc
Tel: 01534 847 410
Thomas Fodor, investor enquiries
Tel: 020 7975 3469
Kathryn van der Kroft, press enquiries
Tel: 020 7975 3021
For further information regarding the announcement of results for 3i Infrastructure plc please see www.3i-infrastructure.com. The analyst presentation will be made available on this website during the day.
Subject to shareholder approval, the proposed interim dividend is expected to be paid on 8 January 2018 to holders of ordinary shares on the register on 24 November 2017. The ex-dividend date will be on 23 November 2017.
Notes to editors
3i Infrastructure plc is a Jersey-incorporated, closed-ended investment company, listed on the London Stock Exchange and regulated by the Jersey Financial Services Commission. The Company is a long-term investor in infrastructure businesses and assets. The Company’s market focus is on economic infrastructure and greenfield projects in developed economies, principally in Europe, investing in operating businesses and projects which generate long-term yield and capital growth.
3i Investments plc, a wholly-owned subsidiary of 3i Group plc, is authorised and regulated in the UK by the Financial Conduct Authority and acts as Investment Adviser to 3i Infrastructure plc.
This statement has been prepared solely to provide information to shareholders. It should not be relied on by any other party or for any other purpose. It and the Company’s Half-yearly report may contain statements about the future, including certain statements about the future outlook for 3i Infrastructure plc. These are not guarantees of future performance and will not be updated. Although we believe the expectations are based on reasonable assumptions, any statements about the future outlook may be influenced by factors that could cause actual outcomes and results to be materially different.
This press release is not for distribution (directly or indirectly) in or to the United States, Canada, Australia or Japan and is not an offer of securities for sale in or into the United States, Canada, Australia or Japan. Securities may not be offered or sold in the United States absent registration under the U.S. Securities Act of 1933, as amended (the “Securities Act”), or an exemption from registration under the Securities Act. Any public offering to be made in the United States will be made by means of a prospectus that may be obtained from the issuer or selling security holder and will contain detailed information about 3i Group plc, 3i Infrastructure plc, 3i India Infrastructure Fund and management, as applicable, as well as financial statements. No public offering in the United States is currently contemplated.