Antin Infrastructure Partners Reports Steady Growth in H1 2024

Antin Infrastructure Partners revealed its financial performance for the first half of 2024, highlighting growth across key metrics. Assets Under Management (AUM) increased by 3.0% to €31.7 billion, while Fee-Paying AUM rose by 4.2% to €20.6 billion. Revenues reached €146.9 million, representing a 6.4% increase year-on-year.

Investments doubled compared to the first half of 2023, with €1.6 billion allocated across various funds. The Flagship Fund V secured €9.4 billion in commitments, nearing its €10 billion target. Strong investment performance was noted, with all funds tracking on or ahead of their plans.

The underlying EBITDA grew slightly by 1.4% to €84.0 million, although the EBITDA margin declined by 3 percentage points to 57%. Underlying net income saw a 1.5% increase, amounting to €61.7 million.

Antin maintained a high dividend payout ratio, proposing an interim dividend of €0.34 per share. The balance sheet remained robust with €392.1 million in cash and no financial liabilities.

CEO Alain Rauscher voiced optimism about Antin’s positioning and potential for delivering strong growth, driven by thematic megatrends and favorable market conditions.