Antin rises on H1 beat, positive mid-term outlook

Antin Infrastructure Partners SAS

10/09/2025 08:20

Corrects Walid Damou's role at CVC in fifth bullet

** Shares in Antin Infrastructure Partners ANTIN.PA rise around 3% after the French private equity firm reported an H1 EBITDA beat and positive 2027 earnings outlook

** Half-year underlying EBITDA came 7% above company-compiled consensus at 79.7 million euros ($93.23 million) on slightly higher management fees and lower-than-expected costs, J.P.Morgan and Jefferies say

** "Overall, encouraging to see some cost control given limited revenue growth Y/Y," JPM adds, while Jefferies notes that dividend distributions in 2025 are expected to be stable

** Antin sees a "significant step-up in earnings" by 2027, including effects of Mid Cap Fund II, Flagship Fund VI

** Co also named CVC's CVC.AS former Head of Business Development and Investment Relations Walid Damou as new CFO, effective Feb 2026

** Shares are on track for their best day in around three weeks

($1 = 0.8549 euros)

 (Reporting by Olivier Cherfan)

 ((olivier.cherfan@thomsonreuters.com))