John Laing Group (JLG) extended its track record of growth with increases in NAV and DPS in FY16. The outlook for infrastructure investment remains strong and JLG is well on track to meet its target of c £200m of realisations in FY17. Despite share price appreciation over the last year, we believe the valuation remains modest for a company with strong growth prospects.
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Another year of growth
- Published:
08 Mar 2017 -
Author:
Graeme Moyse -
Pages:
3
John Laing Group (JLG) extended its track record of growth with increases in NAV and DPS in FY16. The outlook for infrastructure investment remains strong and JLG is well on track to meet its target of c £200m of realisations in FY17. Despite share price appreciation over the last year, we believe the valuation remains modest for a company with strong growth prospects.