Preliminary results for the year to 31 March 2011
Key points
- Investment increased to £719 million (2010: £386 million)
- Total return of £324 million, a 10.6% return on opening shareholders'' funds
- Good underlying performance in all business lines
- Strong financial base for growth (£1,846 million liquidity)
- Dividend increase of 20%
3i''s Chairman, Sir Adrian Montague, said:
"Increased momentum in the Private Equity business, further good progress in Infrastructure and a significant acquisition in Debt Management meant that the financial year to 31 March 2011 was both active and productive for 3i."
Michael Queen, 3i''s Chief Executive, added:
"Significant progress has been made over the last two years and I am confident that we now have three strong platforms for growth. We have made a good start to the financial year and are well placed to make further progress."
For further information, please contact:
Michael Queen, Chief Executive
3i Group plc
Tel: 020 7975 3512
Kathryn van der Kroft
3i Press Office
Tel: 020 7975 3021
For further information regarding the announcement of 3i''s annual results to 31 March 2011, including a live videocast of the results presentation from 09:45am, please see www.3igroup.com.
Notes to editors
3i is an international investor focused on private equity, infrastructure and debt management, investing across Europe, Asia and the Americas.
Our competitive advantage comes from our international network and the strength and breadth of our relationships in business. These underpin the value that we deliver to our portfolio and to our shareholders.