HICL Infrastructure (LON:HICL) Posts Earnings Results

HICL Infrastructure (LON:HICL) posted its quarterly earnings data on Wednesday. The company reported GBX 13.80 EPS for the quarter, Digital Look Earnings reports. HICL Infrastructure had a net margin of 43.50% and a return on equity of 3.99%. The business had revenue of £277.50 million for 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 Performance

Shares of LON HICL opened at GBX 133.04 on Wednesday. The company has a market cap of £2.51 billion, a PE ratio of 21.46 and a beta of 0.51. The business has a 50-day simple moving average of GBX 123.41 and a two-hundred day simple moving average of GBX 119.48. HICL Infrastructure has a fifty-two week low of GBX 107.20 and a fifty-two week high of GBX 134.40.

HICL Infrastructure Company Profile

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.