3i Group Expects FY LFL Sales Growth To Be Around 4%, With EBITDA Margin Likely To Be 14.7% Or 14.8%
Nov 12 (Reuters) - 3i Group PLC III.L:
3I GROUP: AFTER A POOR FIRST WEEK IN OCTOBER, LFL SALES GROWTH FOR ACTION PICKED UP STRONGLY, REACHING 3.7% IN YEAR TO END OF WEEK 45, WHICH ENDED ON 8 NOVEMBER
3I GROUP: TODAY, WE ANNOUNCE A SECOND BUYBACK PROGRAMME OF UP TO £750 MILLION, TO BE COMPLETED BY END OF MAY 2027
3I GROUP H1 NET ASSET VALUE PER SHARE GBP 31.54
3I GROUP H1 DIVIDEND GBP 0.4225
3I GROUP: AGAINST MUTED PERFORMANCE IN Q4 LAST YEAR, Q4 THIS YEAR SHOULD HAVE A HIGHER THAN NORMAL IMPACT ON ACTION'S RESULTS FOR THIS YEAR
3I GROUP: GENERATED ANOTHER GOOD RETURN IN OUR FIRST HALF
3I GROUP: ACTION DELIVERED LIKE-FOR-LIKE SALES GROWTH OF 3.7% IN YEAR TO END OF WEEK 45
3I GROUP: WE EXPECT FULL-YEAR LFL SALES GROWTH TO BE AROUND 4%, WITH EBITDA MARGIN LIKELY TO BE 14.7% OR 14.8%
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