- Private equity and infrastructure investor 3i Group said Wednesday it remained on track to meet or exceed full-year guidance.

The company said its portfolio continued to generate a 'good' level of income in the fiscal third quarter of £25.9m.

The update came as the group hailed two investments made by subsidiary Wireless Infrastructure Group. It acquired Arqiva's Indoor Networks business and Highpoint Communications, bolstering its presence in the UK and Irish Markets.

'The additional investments made by WIG are excellent examples of how we are delivering growth through the platform businesses in the portfolio,' the company said.

The company said was on track to deliver its target dividend of 8.65p a share for 2019.

'The company continues to perform well and is on track to meet or exceed its objectives for the current financial year,' said Richard Laing, Chairman of 3i Infrastructure.

Story provided by