11th Dec 2015 07:37
LONDON (Alliance News) - John Laing Group PLC on Friday said it is on track to achieve its full-year targets for 2015.
"During 2015, we have worked hard with key partners to take advantage of the many opportunities in new infrastructure projects in our core markets around the world and we are confident in our future prospects," Chief Executive Olivier Brousse said in a statement.
The infrastructure investor and manager said it is "well positioned" in the market for new infrastructure, which is driven by population growth, urbanisation and climate change.
The group reported investment commitments to date of GBP170.0 million, at the upper end of the guided GBP150.0 million and GBP170.5 million range.
Realisations to date have amounted to GBP86.0 million, against a full-year target of about GBP100.0 million.
By Samuel Agini; [email protected]; @samuelagini
Copyright 2015 Alliance News Limited. All Rights Reserved.
Related Shares:
JLG.L