The Renewables Infrastructure Group Limited (TRIG)

Sector:

Investment Firms

Index:

FTSE 250

91.50p
   
  • Change Today:
    -0.90p
  • 52 Week High: 114.20
  • 52 Week Low: 89.50
  • Currency: UK Pounds
  • Shares Issued: 2,470.15m
  • Volume: 2,454,291
  • Market Cap: £2,260.19m
  • RiskGrade: 63
  • Beta: 0.60

Dividend Data

  31-Dec-2331-Dec-2231-Dec-2131-Dec-2031-Dec-19
Q1 Dividend1.79p1.71p1.69p1.69p1.66p
Q2 Dividend1.79p1.71p1.69p1.69p1.66p
Q3 Dividend1.79p1.71p1.69p1.69p1.66p
Q4 Dividend1.79p1.71p1.69p1.69p1.66p
Total Dividend7.18p6.84p6.76p6.76p6.64p
For more dividend details, click here

Fundamentals - based on IFRS

  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Income Statement 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
Revenue (24.20) 555.20 174.80 119.18 145.63
Operating Profit/(Loss) (27.60) 552.90 172.89 117.38 144.02
Net Interest 33.40 (32.20) 37.57 (17.22) 18.01
Profit Before Tax 5.80 520.70 210.46 100.17 162.03
Profit After Tax 5.80 520.70 210.46 100.17 162.03
Discontinued Operations          
Profit After Tax n/a n/a n/a n/a n/a
PROFIT FOR THE PERIOD 5.80 520.70 210.46 100.17 162.03
Attributable to:          
Equity Holders of Parent Company 5.80 520.70 210.46 100.17 162.03
Minority Interests n/a n/a n/a n/a n/a
           
Continuing EPS          
Earnings per Share - Basic 0.20p 21.50p 10.00p 5.90p 11.40p
Earnings per Share - Diluted 0.20p 21.50p 10.00p 5.90p 11.40p
Earnings per Share - Adjusted 0.20p 21.50p 10.00p 5.90p 11.40p
Continuing and Discontinued EPS          
Earnings per Share - Basic 0.20p 21.50p 10.00p 5.90p 11.40p
Earnings per Share - Diluted 0.20p 21.50p 10.00p 5.90p 11.40p
Earnings per Share - Adjusted 0.20p 21.50p 10.00p 5.90p 11.40p
           
Dividend per Share 7.18p 6.84p 6.76p 6.76p 6.64p
  £ (Millions) £ (Millions) £ (Millions) £ (Millions) £ (Millions)
Balance Sheet 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Assets          
Non-Current Assets          
Property, Plant & Equipment n/a n/a n/a n/a n/a
Intangible Assets n/a n/a n/a n/a n/a
Investment Properties n/a n/a n/a n/a n/a
Investments 3,140.80 3,322.60 2,636.78 2,160.95 1,741.46
Other Financial Assets n/a n/a n/a n/a n/a
Other Non-Current Assets 8.10 1.60 13.22 n/a n/a
  3,148.90 3,324.20 2,650.00 2,160.95 1,741.46
Current Assets          
Inventories n/a n/a n/a n/a n/a
Trade & Other Receivables 1.10 12.90 14.23 12.50 14.73
Cash at Bank & in Hand 18.10 24.50 28.23 23.12 127.59
Current Asset Investments n/a n/a n/a n/a n/a
Other Current Assets 8.90 1.10 14.07 n/a n/a
  28.10 38.50 56.54 35.62 142.32
           
Other Assets n/a n/a n/a n/a n/a
Total Assets 3,177.00 3,362.70 2,706.54 2,196.56 1,883.78
           
Liabilities          
Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Other Current Liabilities 0.90 3.20 0.36 1.69 0.34
  0.90 3.20 0.36 1.69 0.34
           
Net Current Assets cn/a cn/a cn/a cn/a cn/a
           
Non-Current Liabilities          
Borrowings n/a n/a n/a n/a n/a
Provisions n/a n/a n/a n/a n/a
Other Non-Current Liabilities 1.80 16.80 n/a n/a n/a
  1.80 16.80 n/a n/a n/a
           
Other Liabilities n/a n/a n/a n/a n/a
Total Liabilities 2.70 20.00 0.36 1.69 0.34
           
Net Assets 3,174.30 3,342.70 2,706.18 2,194.87 1,883.44
           
Capital & Reserves          
Share Capital 2,772.00 2,770.00 2,488.59 2,046.24 1,721.31
Share Premium Account n/a n/a n/a n/a n/a
Other Reserves 1.00 1.00 1.01 1.00 1.01
Retained Earnings 401.30 571.70 216.57 147.63 161.12
Shareholders Funds 3,174.30 3,342.70 2,706.18 2,194.87 1,883.44
           
Minority Interests/Other Equity n/a n/a n/a n/a n/a
Total Equity 3,174.30 3,342.70 2,706.18 2,194.87 1,883.44
Cash Flow 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Net Cash Flow From Operating Activities 132.90 130.10 156.56 115.50 87.10
Returns On Investment & Servicing of Finance fn/a fn/a fn/a fn/a fn/a
Taxation Paid fn/a fn/a fn/a fn/a fn/a
Net Cash Flow from Investing Activities 34.90 (251.80) (452.29) (431.36) (413.84)
Acquisitions & Disposals gn/a gn/a gn/a gn/a gn/a
Dividends Paid fn/a fn/a fn/a fn/a fn/a
Management of Liquid Resources cn/a cn/a cn/a cn/a cn/a
Net Cash Flow from Financing Activities (174.10) 115.80 300.84 211.27 437.51
Net Increase/Decrease In Cash (6.30) (5.90) 5.11 (104.59) 110.77
Ratios - based on IFRS 31-Dec-23 31-Dec-22 31-Dec-21 31-Dec-20 31-Dec-19
Continuing Operations          
PE Ratio - Adjusted 569.0 6.0 13.4 21.5 12.1
PEG - Adjusted n/a 0.1 0.2 n/a n/a
Earnings per Share Growth - Adjusted -99% 115% 70% -48% -2%
Dividend Cover 0.03 3.14 1.48 0.87 1.72
Revenue per Share (0.97p) 22.90p 0.084p 6.96p 10.23p
Pre-Tax Profit per Share 0.23p 21.48p 0.10p 5.85p 11.39p
Operating Margin 114.05% 99.59% 98.91% 98.49% 98.89%
Return on Capital Employed n/a n/a n/a n/a n/a
Continuing & Discontinued Operations          
PE Ratio - Adjusted 569.0 6.0 1,331.5 21.5 12.1
PEG - Adjusted n/a 0.0 n/a n/a n/a
Earnings per Share Growth - Adjusted -99% 21,200% -98% -48% -2%
Dividend Cover 0.03 3.14 0.01 0.87 1.72
           
Dividend Yield 6.3% 5.3% 5.0% 5.3% 4.8%
Dividend per Share Growth 4.97% 1.18% n/a 1.81% 3.00%
Operating Cash Flow per Share 5.35p 5.37p 7.44p 6.75p 6.12p
Cash Incr/Decr per Share (0.25p) (0.24p) n/a (6.11p) 7.79p
Net Asset Value per Share (exc. Intangibles) 127.81p 137.90p 128.63p 128.21p 132.37p
Net Gearing n/a n/a n/a n/a n/a

Key

* GAAP

a. Includes discontinued activities

b. Including assets due in more than one year

c. Not disclosed under IFRS

d. Total fixed assets

e. Includes borrowings

f. Included in cash flow from operating activities under IFRS

g. Included in net cash from investing activities under IFRS

h. Pre-tax

i. Capital expenditure

j. Based on operating cash flow before tax

k. Issue of ordinary shares

Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

Note 3: Above ratios are on a 'per annum' basis, adjusted for corporate actions and based on the fundamentals of the primary listed security.

Note 4: Under IFRS, all figures are based on 'Continuing' operations unless otherwise stated.

Note 5: Forecast figures based on normalised accounts.

 

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