Strong Total Return and Net Asset Value Increase
3i Group delivered a total return of 13% for the half year, increasing the net asset value per share to GBP 28.57 from GBP 22.61 last year.
Robust Private Equity and Infrastructure Performance
Private equity delivered a gross investment return of 14%, with 98% of the portfolio by value growing earnings, while the infrastructure segment saw strong returns driven by a 14% increase in the 3iN share price.
Action's Continued Growth and Expansion
Action saw net sales up 17.4% and operating EBITDA up 16.3%. The company added 272 new stores and is on track to increase store numbers by 13% over the year.
Successful Debt Refinancing for Action
Action raised EUR 1.6 billion in the U.S. and European debt markets, with strong demand leading to significant interest cost savings.