HICL Infrastructure (LON:HICL) Announces Earnings Results

HICL Infrastructure (LON:HICL) posted its earnings results on Wednesday. The company reported GBX 13.80 EPS for the quarter, Digital Look Earnings reports. HICL Infrastructure had a net margin of 96.11% and a return on equity of 8.83%. The company had revenue of £277.50 million during the quarter.

Here are the key takeaways from HICL Infrastructure’s conference call:

• HICL reported a strong annual performance, with 10.3% total NAV return, 13.1% total shareholder return, and NAV per share rising to £1.602.
• The company exceeded its asset sale target, completing £536 million of accretive divestments at an average 11% premium to NAV, which management said validated the portfolio valuation and supported capital recycling.
• Cash generation remained healthy, with FFO dividend cover of 1.59x and dividend cash cover of 1.1x, supporting new dividend guidance of 8.65 pence for FY2028.
• HICL continued active portfolio management, including £103 million of share buybacks during the year and a new fee structure based entirely on market capitalization, which management said improves alignment with shareholders.
• Operationally, the portfolio performed well overall, but results were mixed across assets: Affinity Water and several digital/transport assets showed progress, while a provision was taken against Lewisham Hospital and some assets required ongoing CapEx-intensive investment.

HICL Infrastructure Stock Up 0.9%

LON:HICL opened at GBX 133.80 on Friday. HICL Infrastructure has a 52 week low of GBX 107.20 and a 52 week high of GBX 135.60. The firm has a 50 day moving average of GBX 123.86 and a 200 day moving average of GBX 119.72. The stock has a market capitalization of £2.52 billion, a price-to-earnings ratio of 21.58 and a beta of 0.51.

Analysts Set New Price Targets

Separately, Jefferies Financial Group reissued a “hold” rating on shares of HICL Infrastructure in a research report on Thursday. One analyst has rated the stock with a Hold rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Hold”.

About HICL Infrastructure

HICL is a UK-listed infrastructure investment company. We invest in infrastructure for local communities and to support the delivery of essential services, working in partnership with the public and private sectors.