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Annual Results

TRIG hikes FY pretax profit on folio valuation uplift

21 February 2017 07:43

The Renewables Infrastructure Group (TRIG) has hiked FY pretax profit to £67.9m, from £17.0m, reflecting a folio valuation uplift. It is targeting a total dividend of 6.4p a share.

Net-asset value per share was 100.1p, from 99.0p.

Chair Helen Mahy said TRIG's portfolio had continued to perform well despite the wider challenging market and weather conditions.

"This resilient performance is underpinned by TRIG's scale and diversified portfolio of solar and wind projects across UK, Ireland and France."

Story provided by StockMarketWire.com

Related Company: TRIG

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