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John Laing NAV up

25 August 2016 09:57

John Laing Group's net asset value rose to £963.7 million in the six months to the end of June, up 8.3% from £889.6 million at 31 December.

NAV per share rose to 263p from 242p at the end of 2015 and profit before tax increased to £108.3 million - up from £32.6 million a year ago pro forma.

Chief executive Olivier Brousse said: "We made good progress in the first half and are maintaining our full year guidance for investment commitments and realisations. These results demonstrate that our business model is delivering consistent results, and has the ability to cope with today's changing macro-economic environment, including the impact of Brexit."

At 9:57am: (LON:JLG) John Laing Group Plc share price was +11.45p at 247.75p

Story provided by StockMarketWire.com

Related Company: JLG

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