GCP Infrastructure upbeat on first-half performance ...Middle East

GCP Infrastructure Investments reported a strong first-half performance on Thursday, with a total shareholder return of 12.5%. The FTSE 250 company said that during the six months ended 31 March, it paid dividends of 3.5p per share, consistent with the annual target of 7p per share. Its total net asset value return for the period was 1.2%, and since its initial public offering, the total net asset value return stood at 172.8%. The total shareholder return since the initial public offering had reached 76.7%. GCP reported a profit of £9.9m for the period, down from £25.8m in the same period last year. That decrease was put down to lower electricity prices and higher discount rates applied

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Last updated : 20 June 2024 clock 03:04 PM

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GCP Infrastructure upbeat on first-half performance ...Middle East

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