3i Infrastructure PLC Updates on Business Performance and Financial Milestones
3i Infrastructure PLC aims to achieve its annual return target of 8% to 10% for the fiscal year ending March 30, 2026. The company reported significant growth in certain portfolio areas, driven by demand from AI applications and strong performances from several subsidiaries.
3i Infrastructure PLC has reported that it is on track to meet its annual return target of 8% to 10% for the year ending March 30, 2026. The company's EBITDA for Infinis exceeded expectations, while Future Biogas showed promising business development.
AI-curated by TheiaJoulz completed two acquisitions that boosted its EBITDA by approximately 70%. The revolving credit facility has been expanded by £300 million, and the maturity of the base facility has been extended to June 2029.
Pro-forma net liquidity stands at around £201 million, bolstered by the TCR sale revenue. The dividend target for 2026 is confirmed at 13.45 pence per share, expected to be fully covered despite a write-down on DNS:NET. However, certain segments like SRL and Ionisos underperformed, prompting management changes and a cost review.
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