HICL.L - HICL Infrastructure Company Limited
| Previous close | 142.70 |
| Open | 142.20 |
| Bid | 0.00 x 660800 |
| Ask | 160.00 x 2663000 |
| Day's range | 142.20 - 143.00 |
| 52-week range | 1.41 - 143.00 |
| Volume | 2,316,273 |
| Avg. volume | 818,867 |
| Market cap | 2.55B |
| Beta | N/A |
| PE ratio (TTM) | 12.72 |
| EPS (TTM) | N/A |
| Earnings date | 21 May 2018 - 31 May 2018 |
| Forward dividend & yield | N/A (N/A) |
| Ex-dividend date | N/A |
| 1y target est | 158.00 |
- Reuters•4 days ago
Carillion collapse, politics weigh on UK infra fund HICL
British infrastructure fund HICL (HICL.L) posted a 31 percent fall in full-year pre-tax profit on Wednesday and said the political environment and collapse of building contractor Carillion (CLLN.L) weighed on earnings. The firm's pre-tax profit fell to 122.1 million pounds for the year ending March 31 from 177.1 million a year earlier, HICL said in a statement. Infrastructure shares have been under pressure after the opposition Labour party last year suggested nationalising private finance initiative contracts, in what would be a radical departure from existing government policy.
- Reuters - UK Focus•4 days ago
Carillion collapse, politics weigh on UK infra fund HICL
British infrastructure fund HICL posted a 31 percent fall in full-year pre-tax profit on Wednesday and said the political environment and collapse of building contractor Carillion (Frankfurt: 924047 - news) weighed on earnings. The firm's pre-tax profit fell to 122.1 million pounds ($163.63 million) for the year ending March 31 from 177.1 million a year earlier, HICL said in a statement. Infrastructure shares have been under pressure after the opposition Labour party last year suggested nationalising private finance initiative contracts, in what would be a radical departure from existing government policy.
Reuters•last monthInvestors build up exposure to beaten-down UK infrastructure
Leading shareholders in British listed infrastructure funds are doubling down on their investments, betting the political worries that sent valuations to decade-lows are overdone. The funds, which mainly invest in building and maintaining UK assets like schools and hospitals, have boomed in recent years as successive governments supported private finance initiatives (PFI) aimed at executing projects more efficiently. The four largest listed funds, or investment trusts – HICL Infrastructure (HICL.L), International Public Partnerships (INPP.L), John Laing Infrastructure (JLIF.L) and BBGI (BBGIB.L) – issued a record 1.1 billion pounds of new shares in 2017 to keep up with the demand.
- Reuters - UK Focus•last month
Investors build up exposure to beaten-down UK infrastructure
Leading shareholders in British listed infrastructure funds are doubling down on their investments, betting the political worries that sent valuations to decade-lows are overdone. The four largest listed funds, or investment trusts – HICL Infrastructure, International Public Partnerships , John Laing Infrastructure and BBGI – issued a record 1.1 billion pounds ($1.54 billion) of new shares in 2017 to keep up with the demand.
- Fool.co.uk•last month
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- Reuters - UK Focus•4 months ago
Infra fund HICL says dividends on track despite Carillion impact
Infrastructure fund HICL is on track to deliver projected dividends for the next three years despite the impact on its investments from the collapse of British construction outsourcing company Carillion (Frankfurt: 924047 - news) , HICL said on Monday. HICL expects to pay total dividends of 7.85 pence per share for the financial year to March 31. It reaffirmed dividend guidance of 8.05 pence for 2019 and 8.25 pence for 2020, it said in an interim update.
- Reuters•4 months ago
John Laing Infrastructure Fund aims to replace collapsed Carillion on projects
There would be minimal service disruption, with advisory and transaction costs related to the appointment of replacement facilities managers to cost about 3 million pounds, the fund said. Britain's biggest corporate failure in a decade took place after banks pulled the plug on lending to Carillion. As a result, Carillion went into liquidation, forcing the government to step in to guarantee public services provided by the company ranging from school meals to road works.
- Reuters - UK Focus•4 months ago
John Laing Infrastructure Fund aims to replace collapsed Carillion on projects
John Laing Infrastructure Fund (JLIF) one of Europe's largest listed investors in public infrastructure projects, said it was working to replace collapsed Carillion (Frankfurt: 924047 - news) as facilities management provider on nine projects. There would be minimal service disruption, with advisory and transaction costs related to the appointment of replacement facilities managers to cost about 3 million pounds ($4.24 million), the fund said. Britain's biggest corporate failure in a decade took place after banks pulled the plug on lending to Carillion.
- Reuters•4 months ago
Carillion collapse triggers defaults at projects with HICL
Britain's biggest corporate failure in a decade took place after banks pulled the plug on lending to Carillion. As a result, Carillion went into liquidation, forcing the government to step in to guarantee public services provided by the company ranging from school meals to road works. "The company previously announced that 10 projects within the HICL portfolio had facilities management subcontracts with Carillion subsidiaries.
- Reuters - UK Focus•4 months ago
Carillion collapse triggers defaults at projects with HICL
British investment firm HICL Infrastructure said on Friday the collapse of Carillion had triggered loan defaults at projects and management subcontracts with the construction outsourcing company, sending its shares to a three-year low. Britain's biggest corporate failure in a decade took place after banks pulled the plug on lending to Carillion (Frankfurt: 924047 - news) . As a result, Carillion went into liquidation, forcing the government to step in to guarantee public services provided by the company ranging from school meals to road works.
- Reuters - UK Focus•6 months ago
Ex-divs to take 6.9 points off FTSE 100 on Nov.23
The following FTSE 100 companies will go ex-dividend on Thursday, after which investors will no longer qualify for the latest dividend payout. According to Reuters calculations at current market prices, ...
- Reuters - UK Focus•10 months ago
UK's Ofgem picks preferred bidder to own, operate wind farm link
Britain's energy regulator Ofgem on Tuesday picked Diamond Transmission Partners as preferred bidder to own and operate the 180.6 million pound transmission link to the Burbo Bank Extension wind farm offshore ...
- Reuters - UK Focus•10 months ago
Canadian pension funds sell Britain's High Speed 1 rail link
Two leading Canadian pension funds have agreed to sell their stakes in Britain's High Speed 1 rail project to a consortium of funds including HICL Infrastructure and South Korea's National Pension Service. ...
- Reuters - UK Focus•10 months ago
Canadian owners of Britain's High Speed 1 rail sell out
Two leading Canadian pension fund investors have agreed to sell their stakes in a Britain's High Speed 1 rail project to a consortium of funds advised and managed by InfraRed Capital Partners and Equitix ...
