3i Group (III)

Sector:

Financials

Index:

FTSE 100

3,513.00p
   
  • Change Today:
      45.00p
  • 52 Week High: 3,522.00
  • 52 Week Low: 2,160.00
  • Currency: UK Pounds
  • Shares Issued: 973.39m
  • Volume: 225,697
  • Market Cap: £34,195m
  • RiskGrade: 122
  • Beta: 1.33

3i Group delivers 'good financial performance' during H1

By Iain Gilbert

Date: Thursday 14 Nov 2024

LONDON (ShareCast) - (Sharecast News) - Private equity and venture capital firm 3i Group said on Thursday that it had delivered a "good financial performance" for the six months ended 30 September.
3i Group reported a total return of £2.04bn or 10% on opening shareholders' funds in H125 and said its net asset value per share had risen from 2,085.0p to 2,261.0p, including a 48.0p per share loss on FX translation.

The FTSE 100-listed firm noted that its private equity business delivered a gross investment return of £2.07bn or 11%, with its Action unit being the main contributor to returns, generating net sales of €9.56bn and underlying operating earnings of €1.34bn.

3i also highlighted that its infrastructure business had generated a gross investment return of £43.0m or 3%.

Chief executive Simon Borrows said: "Against an uncertain geopolitical environment and weak growth across much of Europe, we move into the second half of FY2025 with a portfolio that is well positioned to build on a solid first half.

"We have seen good momentum across our investment and realisation activity in the half and we have a good pipeline of high-quality realisations for the next 12 months. We also have some interesting potential opportunities in our investment pipeline, which we will continue to review in a disciplined way and progress those that are most attractive."

As of 0900 GMT, 3i shares were up 2.79% at 3,423.0p.









Reporting by Iain Gilbert at Sharecast.com

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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.

 

3i Market Data

Currency UK Pounds
Share Price 3,513.00p
Change Today 45.00p
% Change 1.30 %
52 Week High 3,522.00
52 Week Low 2,160.00
Volume 225,697
Shares Issued 973.39m
Market Cap £34,195m
Beta 1.33
RiskGrade 122

3i Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
58.56% above the market average58.56% above the market average58.56% above the market average58.56% above the market average58.56% above the market average
42.59% above the sector average42.59% above the sector average42.59% above the sector average42.59% above the sector average42.59% above the sector average
Price Trend
91.69% above the market average91.69% above the market average91.69% above the market average91.69% above the market average91.69% above the market average
83.93% above the sector average83.93% above the sector average83.93% above the sector average83.93% above the sector average83.93% above the sector average
Income
40.65% below the market average40.65% below the market average40.65% below the market average40.65% below the market average40.65% below the market average
56.25% below the sector average56.25% below the sector average56.25% below the sector average56.25% below the sector average56.25% below the sector average
Growth
6.46% above the market average6.46% above the market average6.46% above the market average6.46% above the market average6.46% above the market average
21.57% above the sector average21.57% above the sector average21.57% above the sector average21.57% above the sector average21.57% above the sector average

What The Brokers Say

Strong Buy 4
Buy 6
Neutral 1
Sell 0
Strong Sell 0
Total 11
buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

3i Dividends

  Latest Previous
  Interim Final
Ex-Div 28-Nov-24 20-Jun-24
Paid 10-Jan-25 26-Jul-24
Amount 30.50p 34.50p

Trades for 21-Nov-2024

Time Volume / Share Price
12:37 126 @ 3,513.00p
12:37 110 @ 3,513.00p
12:37 129 @ 3,513.00p
12:37 108 @ 3,513.00p
12:37 25 @ 3,513.00p

3i Key Personnel

CEO Simon Borrows

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