Sprouts Farmers Market closes $600 million revolving credit facility
Investing.com -- HICL Infrastructure (LSE:LON:HICL) reported on Wednesday an increase in its profit for fiscal 2025, with a simultaneous decline in investment income compared to the previous year.
The company’s profit for the fiscal year ending on March 31 was 45.9 million pounds sterling. This is an increase from the previous year’s profit of 30.5 million pounds.
The earnings per share (EPS) also saw an upward move to 0.023 pound from 0.015 pound.
On the other hand, the infrastructure investment company reported a decrease in its investment income, which was 131 million pounds, down from 198 million pounds the previous year.
In other financial news, the board of HICL Infrastructure decided to maintain its fourth-quarter dividend at 0.0207 pound per share.
This dividend will be paid to shareholders who are on record as of May 23, with the payment date set for June 30.
In terms of future dividends, the company is setting a target of 0.085 pound per share for fiscal 2027. The guidance for the 2026 dividend remains unchanged at 0.0835 pound per share.
RBC analysts maintain an Outperform rating with a revised price target of 155p per share (down from 160p).
They see value in HICL, which is currently trading at approximately a 25% discount to its net asset value (NAV).
This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.