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3i Group pretax proit falls, raises dividend

3i Group PLC (III.LN) stated Thursday that its pretax working benefit in fiscal 2018 fell 2.four%, and raised its general dividend for the 12 months.

The global funding supervisor, which makes a speciality of midmarket fairness and infrastructure, stated its benefit for the 12 months ended March 31 fell to one.49 billion kilos ($2.01 billion) from GBP1.52 billion in fiscal 2017.

The corporate stated its web asset price at March 31 stood at 724 pence a proportion in comparison with 604 pence at March 31, 2017.

3i Group stated it delivered a robust 12 months with a complete go back of GBP1.43 billion, or 24%, on opening shareholders budget. The corporate stated it has entered fiscal 2019 with excellent momentum around the team and that it stays assured in its skill to ship persisted expansion.

3i Group declared a last dividend of 22 pence a proportion and stated that its general dividend for the 12 months was once 30 pence a proportion, up 13% on fiscal 2017.

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