John Laing 2017 interim results
· Net asset value (NAV) of £1,040.4 million at 30 June 2017
- 2.3% increase since 31 December 2016
- 4.6% increase including dividend paid in May 2017
· NAV per share at 30 June 2017 of 284p (31 December 2016 - 277p)1
· £111.3 million in investment commitments (six months ended 30 June 2016 - £76.0 million)2
· Realisations of £151.3 million from the sale of investments in project companies (six months ended 30 June 2016 - £57.7 million)
· Profit before tax of £36.6 million (six months ended 30 June 2016 - £108.3 million) and earnings per share (EPS) of 10.2p (six months ended 30 June 2016 - 29.1p)3
· 7.4% increase in external Assets under Management to £1,582 million4 since 31 December 2016
· Interim dividend of 1.91p per share payable in October 2017 (six months ended 30 June 2016 - 1.85p per share)
· New Royal Adelaide Hospital operational; agreement reached on Manchester Waste
· Strong pipeline, including 11 shortlisted PPP positions
· 2017 guidance for investment commitments and realisations maintained
