oldjoe1
25 Mar 2015
JLG Results Very Strong........ REG – John Laing Group plc – Final Results – Part 125 Mar 2015 - 07
1 . For best results when printing this announcement, please click on the link below:[link] Number : 3666IJohn Laing Group plc25 March 2015 JOHN LAING GROUP PLC AUDITED RESULTS FOR THE YEAR ENDED 31 DECEMBER 2014 John Laing Group plc (John Laing or the Company or the Group) announces another year of growth in profits and net assetvalue. Financial highlights · Record year for new investments with £217.2 million1 committed to infrastructure projects · Realisations of £198.5 million from the sale of investments · Investment portfolio valuation of £772.0 million, up 13% on 2013 · Group profit before tax of £120.4 million, up 7% on 20132,3 · 23% increase in Net Asset Value (NAV), from £528.0 million at 31 December 2013 to £649.8 million3 · Adjusted NAV per share at 31 December 2014 of 210p (30 September 2014 - 204p, 31 December 2013 - 177p)4 · 28% increase in external Assets under Management to £1,020 million5 Operational highlights · Successful listing on the London Stock Exchange in February 2015, raising net proceeds of £120 million · Further international growth with two investment commitments in Australia and one in the US · Expansion of renewable energy activities, including the Group's first investment in a biomass project · Both phases of the Manchester Waste project, one of our largest investments, operational from January 2015 · Launch of JLEN in March 2014, a listed fund targeting environmental infrastructure investments · £100 million special contribution in February 2015 to reduce our pension deficit as part of the IPO process Olivier Brousse, John Laing's Chief Executive, commented: "I am pleased to announce strong growth in NAV and an increase in like-for-like profits. Now that we have completed ourIPO, we can concentrate on continuing to grow our business, in particular our international investments. Our track recordand our forward pipeline continue to provide us with confidence for the future."
oldjoe1
20 Mar 2015
JLG Results DUE............ John Laing schedules FY results3 March 2015 | 08:43amJohn Laing, the leading originator, active investor and manager of international infrastructure projects, intends to announce its results for the 12 months to 31 December on 25 March.
jonwig1
06 Mar 2015
Re: Well finally... Be careful about the "low risk" - the two Manchester biomass projects brought down TEG Group and caused ructions at Costain. JLG have increased the discount rates applying to them.When the results are announced on 25/03, I'll be looking for remarks on these.
stout-hart
06 Mar 2015
Well finally... The market seems to be waking up to the fact that this is a great long term investment opportunity, with a low risk profile. Should also be well protected from pre/post election turbulence. Just wait until the first "special" dividend is announced and then they will really motor - IMHO.
MRBIG
03 Mar 2015
this will be 220 soon
jonwig1
24 Feb 2015
Re: SEEMS AS FLOAT PRICE WAS ............. They were the original owners and held 100%. There's a lock-in - can't remember how long for.
Medway Man
24 Feb 2015
Re: SEEMS AS FLOAT PRICE WAS .............. looking at todays RNS feed Henderson Global Investors have 61% holding of shares issued........... obviously in for future/planned dividends?
malkis
23 Feb 2015
SEEMS AS FLOAT PRICE WAS .............. ...SPOT ON ... As I/m here long term Iam contented enough to stay Warm regards to all.... Malkis
Ripley94
20 Feb 2015
Re: Disappointing start I thought they got a long maintenance contract as part of PFI.Plus the interest on the loans which are very high.Thats what campaigners are making a fuss about.
bighammo
19 Feb 2015
Re: Disappointing start I thought that Laings only build the PFI contracts, and then sell them on. Would any incoming government realize a massive change in their development policy today? PFI are a mistake but how do they change a massive change in government finances overnight. and PFI's were provided by Labour, another major turnaround. You cant turn around an oil tanker in 5 minutes.
