Citi stays positive on 3i despite 13% slide as Action's customer mix strengthens

Citi has maintained a positive stance on 3i Group PLC (LSE:III) despite a 13% share price fall following the private equity firm's full-year 2026 results, in which like-for-like growth trends at Action, the discount retailer that dominates 3i's valuation, disappointed the market. The stock has now underperformed by 50% since growth at Action began decelerating in September 2025.