REG - 3i Group PLC - AGM and portfolio update

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RNS Number : 4494O  3i Group PLC  26 June 2025

 

 

 

26 June 2025

 

 

3i Group plc

AGM and portfolio update

 

 

3i Group plc ("3i") will be holding its Annual General Meeting ("AGM") this
morning.  At the AGM, Simon Borrows, our Chief Executive, will provide an
update on the portfolio.

 

Action continues to perform strongly. Like-for-like sales growth was 6.9% year
to date as at the end of week 25 and net new store openings of 111 are on
track with its expansion plans. The like-for-like performance continues to be
transaction driven with a strong contribution from seasonal sales. Action is
set for another good quarter of profit growth and had a cash balance of €587
million as at 22 June 2025.

 

The remainder of the Private Equity portfolio continues to demonstrate
performance in line with our expectations. We are pleased to have announced
the sale of MPM for estimated gross proceeds of c.£400 million, representing
a 3.2x money multiple on invested capital and an IRR of 29%.

 

-Ends-

 

 

 

For further information, please contact:

Silvia Santoro

Group Investor Relations Director

Tel: 020 7975 3258

 

Kathryn van der Kroft

Communications Director

Tel: 020 7975 3021

 

 

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
(http://www.3i.com) .

 

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