**Summary of 3i Infrastructure PLC Half-Year Financial Report (November 2025)**
3i Infrastructure PLCโs half-year financial report for the six months ending September 2025 highlights strong performance across its high-quality portfolio, exceeding half of its 8-10% annual target return. Key financial and operational highlights include
**Total Return**ยฃ258 million, representing a 7.4% return on opening net asset value (NAV), up from ยฃ169 million (5.1%) in the same period last year.
**NAV Growth**NAV per share increased to 407.9p from 386.2p at March 2025, driven by strong portfolio performance.
**Dividend**Interim dividend of 6.725p per share (up 6.3% from 6.325p in FY25) declared, on track to meet the FY26 target of 13.45p per share.
**Portfolio Performance**Total income and non-income cash rose 18% to ยฃ121 million, supported by robust earnings growth across the portfolio, particularly from TCR, which outperformed expectations.
**Strategic Review**Initiated a strategic review of TCR due to its strong performance and interest from larger private infrastructure funds.
**Sustainability**Progress on science-based emissions reduction targets, with four out of eleven portfolio companies having validated targets.
**Liquidity**Strong liquidity position with ยฃ556 million available, including ยฃ6 million in cash and ยฃ550 million in undrawn facilities.
The company remains confident in its long-term growth potential, supported by its active management approach, exposure to structural megatrends, and a defensive portfolio positioning. The report underscores 3i Infrastructureโs commitment to delivering sustainable returns to shareholders while advancing sustainability goals across its portfolio.
Hereโs an HTML table comparing the financials and debt year-on-year for 3i Infrastructure PLC based on the provided text:
### Key Highlights:
1. **Total Return**: Increased by 53% year-on-year, from ยฃ169m to ยฃ258m.
2. **NAV and NAV per Share**: Both increased by 5.6%, reflecting strong portfolio performance.
3. **Total Income and Non-Income Cash**: Rose by 17%, supporting dividend growth.
4. **Interim Dividend**: Increased by 6.3%, in line with the FY26 target.
5. **Borrowings**: Increased by 34.6%, likely to support investment activities.
6. **Cash Balances**: Increased by 50%, indicating improved liquidity. This table provides a concise comparison of key financial metrics and debt levels between the two periods.