Highlights

  • Total return reached GBP 258m for H1 FY26, up from GBP 169m in H1 FY25.
  • NAV per share increased to 407.9p, reflecting growth in portfolio value.
  • Interim dividend raised 6.3% to 6.725p per share for FY26.

3i Infrastructure plc (LSE:3IN) reported results for the six months ending 30 September 2025. The total return for the period was GBP 258m, compared with GBP 169m for the same period last year. This represents a 7.4% return on opening NAV, exceeding the 5.1% achieved in H1 FY25 and accounting for over half of the company’s annual target return of 8–10% per annum.

NAV and Portfolio Details
Net asset value (NAV) reached GBP 3,762m as of 30 September 2025, up from GBP 3,562m at 31 March 2025. NAV per share increased to 407.9p from 386.2p. Total income and non-income cash amounted to GBP 121m, up from GBP 103m in the prior-year period. These figures provide support for the planned dividend distribution.

Dividend Information
The Board announced an interim dividend of 6.725p per share, scheduled for payment on 12 January 2026 to shareholders on the register as of 21 November 2025. The ex-dividend date will be 20 November 2025. As an investment trust, 3i Infrastructure is permitted to classify dividends wholly or partly as interest distributions for UK tax purposes. For this interim dividend, 5.83p of the 6.725p per share will be designated as an interest distribution.

Corporate Governance
The company held its Annual General Meeting on 3 July 2025. All resolutions were approved, including the election of all Directors. Doug Bannister did not seek re-election and ceased to be a Director at the conclusion of the AGM.

Financial Position Summary

For the six months ended 30 September 2025, 3i Infrastructure plc reported a total return of GBP 258m, compared with GBP 169m in H1 FY25. The return on opening NAV was 7.4%, up from 5.1% in the same period last year. Net asset value reached GBP 3,762m, increasing from GBP 3,562m at 31 March 2025, while NAV per share rose to 407.9p from 386.2p. Total income and non-income cash for the period amounted to GBP 121m, compared with GBP 103m in H1 FY25. The Board declared an interim dividend of 6.725p per share, up from 6.325p per share in the prior-year period.

Share Performance of 3IN

3IN was trading 1.83% higher at GBX 361.0per share as of 11 November 2025 at the time of writing.