3i Infrastructure Half‑Year Results (Six months ended 30 September 2026)
3i Infrastructure PLC (LON:3IN) released its interim financial statements for the six‑month period to 30 September 2026. Profit after tax contracted 36 percent to £166 million, compared with £258 million in the same period last year. Total income declined to £103 million from £115 million year‑on‑year.
The board increased the interim dividend by 6.3 percent to 7.15 pence per share. Total income and non‑income cash receipts, which include shareholder‑loan repayments, rose 61 percent to £195 million, driven primarily by a £92 million repayment from portfolio company Joulz, thereby strengthening cash available for distributions.
Portfolio valuation gains fell sharply to £74 million from £169 million, even though underlying EBITDA across the portfolio companies grew 12.3 percent in the twelve months to June. The strongest contributors to valuation gains were FLAG, Infinis and Joulz.
Net asset value (NAV) increased to £3.84 billion at the end of September, up from £3.74 billion in March, lifting NAV per share to 416.4 pence from 405.2 pence. The company reiterated its target annual return of 8 percent to 10 percent and confirmed it remains on track to achieve its full‑year dividend target of 14.3 pence per share for FY 2027, a 6.3 percent rise over the prior year.