Log in
E-mail
Password
Remember
Forgot password ?
Become a member for free
Sign up
Sign up
New member
Sign up for FREE
New customer
Discover our services
Settings
Settings
Dynamic quotes 
OFFON
  1. Homepage
  2. Equities
  3. United Kingdom
  4. London Stock Exchange
  5. 3i Group plc
  6. News
  7. Summary
    III   GB00B1YW4409

3I GROUP PLC

(III)
  Report
Real-time Estimate Quote. Real-time Estimate Cboe Europe - 07/30 03:13:21 am
1264.5 GBX   -1.56%
07/263I : S&P Upgrades 3i Group To BBB+ Amid COVID-19 Resilience
MT
07/233I : Barclays Lifts 3i Group PT, Keeps Overweight Rating
MT
07/233I : Morgan Stanley Lifts 3i Group PT, Maintains Overweight Rating
MT
SummaryQuotesChartsNewsRatingsCalendarCompanyFinancialsConsensusRevisions 
SummaryMost relevantAll NewsAnalyst Reco.Other languagesPress ReleasesOfficial PublicationsSector newsMarketScreener Strategies

3i : Update on the portfolio and Capital Markets Seminar

09/23/2020 | 02:05am EDT

23 Sep 2020 Update on the portfolio and Capital Markets Seminar

Download this press release as a PDF

3i Group plc ('3i' or 'the Group') will be holding a Capital Markets Seminar via webcast today, involving presentations on our approach to ESG and responsible investment, as well as on Evernex and SaniSure, two of our recent Private Equity Investments. In addition, Simon Borrows, our Chief Executive, will provide an update on the portfolio, the key elements of which are outlined below. The seminar will start at 14.00 and the joining details are provided at the end of this press release. The presentation materials and a recording of the webcast will also be made available on our website.

We have now completed our September semi-annual portfolio company reviews for Private Equity, Infrastructure and Scandlines, which have reinforced our belief in the resilience and strength of earnings performance in the significant majority of our investments. The automotive sector remains challenged, and public health policy has prolonged the uncertainty for the travel sector. However, we continue to see strong momentum in portfolio companies exposed to medical technology and personal care products and very good recovery in our retail businesses, particularly in online, and of course in Action.

Action's impressive performance has continued with sales, EBITDA and cash generation above expectations for P7 (July), P8 (August) and P9 (September) to date. YTD sales at over €3.7 billion have now recovered to be approximately 8% ahead of last year with strong trading continuing across all geographies. We expect LTM EBITDA to the end of P9 to be approximately €575 million compared to €506 million at September last year and €491 million at the end of P4 this year. Cash generation has continued to be strong with a current cash balance of over €625 million after a €51 million repayment of the RCF. Action has now opened 88 stores in 2020 including its first five stores in the Czech Republic. Initial trading in the Czech Republic has been significantly ahead of expectations.

A live webcast of the seminar will be available at 14.00. To register for the webcast, please visit www.3i.com/investor-relations/capital-markets-presentations/2020.

- Ends-

For further information, contact:

3i Group plc

Silvia Santoro
Investor enquiries

Kathryn van der Kroft
Media enquiries

Tel: +44 20 7975 3258
Email: silvia.santoro@3i.com

Tel: +44 20 7975 3021
Email: kathryn.vanderkroft@3i.com

Notes to editors:

About 3i Group

3i is a leading international investment manager focused on mid-market Private Equity and Infrastructure. Our core investment markets are northern Europe and North America.

For further information, please visit: www.3i.com

Disclaimer

3i Group plc published this content on 23 September 2020 and is solely responsible for the information contained therein. Distributed by Public, unedited and unaltered, on 23 September 2020 06:04:02 UTC


ę Publicnow 2020
All news about 3I GROUP PLC
07/263I : S&P Upgrades 3i Group To BBB+ Amid COVID-19 Resilience
MT
07/233I : Barclays Lifts 3i Group PT, Keeps Overweight Rating
MT
07/233I : Morgan Stanley Lifts 3i Group PT, Maintains Overweight Rating
MT
07/22FTSE Edges Lower, Housing Sector Looks Attractively Cheap, Bank of America Sa..
DJ
07/22Oil, Mining Losses Drag FTSE 100
DJ
07/223I INFRASTRUCTURE : Review Of Oystercatcher's European Terminals Enters Advanced..
MT
07/223I : Kepler Cheuvreux Initiates 3i Group With Buy, Assigns PT
MT
07/22FTSE 100 Rises, Unilever's Weak 1st Half Doesn't Justify Share Tumble
DJ
07/22RICHARD HUNTER : London Shares Fall, Led by Unilever After H1 Results
DJ
07/22FTSE 100 Muted at Open After Gains
DJ
More news
Financials
Sales 2022 3 237 M 4 513 M 4 513 M
Net income 2022 2 234 M 3 115 M 3 115 M
Net Debt 2022 675 M 941 M 941 M
P/E ratio 2022 5,56x
Yield 2022 3,23%
Capitalization 12 410 M 17 336 M 17 304 M
EV / Sales 2022 4,04x
EV / Sales 2023 5,14x
Nbr of Employees 234
Free-Float 96,8%
Chart 3I GROUP PLC
Duration : Period :
3i Group plc Technical Analysis Chart | III | GB00B1YW4409 | MarketScreener
Technical analysis trends 3I GROUP PLC
Short TermMid-TermLong Term
TrendsBullishBullishBullish
Income Statement Evolution
Consensus
Sell
Buy
Mean consensus BUY
Number of Analysts 10
Last Close Price 1 286,50 GBX
Average target price 1 448,50 GBX
Spread / Average Target 12,6%
EPS Revisions
Managers and Directors
Simon Alexander Borrows Chief Executive Officer & Executive Director
Julia Susan Wilson Group Finance Director & Executive Director
Simon Robert Thompson Non-Executive Chairman
Jasi Hari Halai Group Operating & Financial Controller
David Alexander M Hutchison Independent Non-Executive Director
Sector and Competitors
1st jan.Capi. (M$)
3I GROUP PLC11.10%17 336
BLACKROCK, INC.19.29%131 085
BROOKFIELD ASSET MANAGEMENT INC.24.78%80 922
UBS GROUP AG18.24%56 103
T. ROWE PRICE GROUP, INC.33.99%46 018
BANK OF NEW YORK MELLON CORPORATION (THE)18.64%43 461