HICL Infrastructure makes 'strong start' to new year
By Benjamin Chiou
Date: Monday 03 Aug 2026
(Sharecast News) - Infrastructure investor HICL Infrastructure said it has made a "strong start" to its new financial year, with its portfolio delivering resilient cash generation and profit growth since the start of April.
The company said it remains on track to hit its target dividend of 8.5p per share for the current financial year ending 31 March 2027, and 8.65p for the year to 31 March 2028.
Net asset value performance and cash generation were in line with HICL's forecasts over the first four months of the financial year, while growth investments have performed well.
During the period, HICL doubled its stake in Cross London Trains, buying a 6.65% interest for £52m and taking its ownership to 13.13%.
"HICL has made a strong start to the financial year, with its portfolio of high-quality assets performing in line with expectations, delivering resilient cash generation and EBITDA growth, building on the strong performance of last year," said chair Mike Bane.
"The improvement in the company's share rating over the period further reflects the positive progress being made," Bane added, following a near-13% increase in the stock since 1 April.
See the latest RNS on Investegate.
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