London close: Stocks turn lower as BoE keeps rates on hold
1st Feb 2024 16:48
(Sharecast News) - London's financial markets finished in the red on Thursday, reversing earlier gains after the Bank of England maintained interest rates at current levels.
Read more3i Group sees NAV rise 8% in third quarter
1st Feb 2024 07:40
(Sharecast News) - London-headquartered private equity and infrastructure firm 3i Group reported an 8% increase in net asset value (NAV) over the third quarter and an "excellent" result from Europe-focused non-food discounter Action.
Read moreLondon close: Stocks finish higher on raft of global data
30th Jan 2024 16:00
(Sharecast News) - London's stock markets managed modest gains on Tuesday, driven by the news that the eurozone had narrowly avoided a recession.
Read moreRBC Capital starts 3i Group at 'outperform'
6th Dec 2023 08:04
(Sharecast News) - RBC Capital Markets initiated coverage of private equity firm 3i Group on Wednesday with an 'outperform' rating and 2,550p price target.
Read more3i Group reports resilient first-half amid tough environment
9th Nov 2023 08:00
(Sharecast News) - Investment company 3i Group said in its half-year report on Thursday that despite a challenging global economic and geopolitical environment, it achieved a total return of £1.67bn, representing a 10% return on opening shareholders' funds.
Read moreAction underpinning 3i Group's portfolio performance
20th Sep 2023 07:27
(Sharecast News) - 3i Group updated the market on its September portfolio company reviews on Tuesday, reporting that despite the overarching difficulties in the current macroeconomic scenario, its portfolios are demonstrating commendable progress.
Read more3i Group reports positive start to new financial year
20th Jul 2023 07:12
(Sharecast News) - Investment giant 3i Group has reported a positive start to its new financial year on Thursday, with net asset value per share rising to 1,814p on 30 June, compared to 1,745p on 31 March.
Read more3i sees strong sales growth at Action
29th Jun 2023 08:36
(Sharecast News) - Dutch discounter Action is on track to deliver another strong quarter of profit growth, owner 3i Group said on Thursday.
Read more3i Group performs well thanks to value and infrastructure assets
11th May 2023 08:08
(Sharecast News) - Investment company 3i Group reported a total return of £4.59bn in its full-year results on Thursday, representing a 36% increase on opening shareholders' funds compared to the prior year's figure of £4.01bn, which itself saw a higher growth rate of 44%.
Read moreICG, 3i battling to take control of Direct Ferries - report
9th Mar 2023 12:55
(Sharecast News) - Intermediate Capital Group and 3i are reportedly battling to take over online aggregator Direct Ferries which sells ferry tickets for operators including P&O and Stena Line.
Read moreLondon close: Modest gains for stocks after Q4 US GDP data
26th Jan 2023 16:58
(Sharecast News) - London stocks were modestly higher on Thursday amid well-received updates from the likes of 3i or Intermediate Capital Group.
Read more3i 'on track' to deliver further growth
26th Jan 2023 07:42
(Sharecast News) - 3i Group said it was on course to deliver further annual growth on Thursday, despite macroeconomic headwinds, following a positive third quarter.
Read more3i Group resilient through tough first half
10th Nov 2022 08:10
(Sharecast News) - 3i Group reported a total return of £1.77bn in its first half on Thursday, or 14% on opening shareholders' funds, down from £2.2bn and 24% year-on-year.
Read more3i Group portfolio making 'good progress'
26th Sep 2022 08:07
(Sharecast News) - 3i Group updated the market on its portfolio on Monday, reporting that its investments were making "good progress" amid "more challenging" markets.
Read more3i Group's NAV grows in Q1
21st Jul 2022 07:50
(Sharecast News) - Private equity firm 3i Group said on Thursday that its net asset value had increased from 1,321.0p to 1,406.0p during the three months ended 30 June, with the company delivering a total return of 6.6% over the period.
Read more