John Laing Group profit before tax rose to £174.3m in the first half of 2018, compared to £36.6m last year – with realisations of £241.5m from the sale of investments.
Its net asset value stood at £1,51bn on 30 June 2018, compared to £1.12bn on 31 December 2017.
The company raised £210.5m through a rights issue in March and is reporting a strong pipeline of £2.3bn of investment opportunities.
Chief executive Olivier Brousse said the company was growing as an international expert investor.
“Our pipeline of opportunities continues to grow, whilst our exposure to the UK market continues to reduce.
“The recent rights issue has given us the financial credibility to team up with the best international infrastructure players.”
Image: Pexels
John Laing follows growth curve
By EBS