Antin: underlying net income up 61% in 2023

(CercleFinance.com) - Antin Infrastructure Partners has announced a 60.
6% increase in underlying net profit to E127.9m for 2023, and a 48.2% increase in underlying EBITDA to E175.5m, giving a margin of 62%, compared with 55% in 2022.

The investment management company specialising in infrastructure posted sales growth of 32.1% to E282.9m, with long-term management fees accounting for over 98% of the total.

A dividend up 69% to E0.71 per share, representing a payout ratio of close to 100%, will be proposed for 2023. For 2024, Antin expects underlying EBITDA to be at or above the previous year's level.


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