# 3i Group reports AGM update on Action sales and private equity momentum

- Link: https://www.directorstalkinterviews.com/3i-group-reports-agm-update-on-action-sales-and-private-equity-momentum/4121254703
- Published: 2026-06-25T07:24:22+01:00
- Author: Ethan Davis

**[3I Group Plc](https://www.directorstalkinterviews.com/ftse-company/3i-group/iii.l)**(
LON:III) will be holding its Annual General Meeting this morning. At the AGM, Simon
Borrows, Chief Executive, will provide an update on the portfolio.

Action’s like-for-like sales growth was 3.3% year to date as at the end of week 
25 (21 June 2026). New store openings of 105 are on track with Action’s expansion
plans for 2026. Action is set for a good quarter of profit growth and had a cash
balance of €699 million as at 21 June 2026 after the payment of a €450 million dividend
to all shareholders in May.

The remainder of the Private Equity portfolio continues to demonstrate good momentum
in line with our expectations.

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