John Laing maintains full-year guidance

International investor and manager of infrastructure projects John Laing Group issued a pre-close update for the half-year to 30 June on Thursday, and confirmed total investment committed to date of £76m.

The FTSE 250 firm maintained its full-year guidance for investment commitments, in line with the £180.5m achieved in 2015.

Its board said it has realised £57.7m from investments to date, and maintained its full-year realisation guidance of £100m, excluding a £19.5m transaction agreed in February.

John Laing also made mention of the sale of its UK project management services division, which it announced on 21 June.

“I am pleased with the progress we have made year to date and see significant future growth potential across the infrastructure markets where we operate,” said chief executive Olivier Brousse.

“We note the outcome of the UK's EU referendum, but we are an increasingly international business with a well-diversified portfolio and are working on attractive opportunities in each of our three geographical markets: Europe (including the UK), North America and Asia Pacific.

“Our focus is on increasing the value of our existing portfolio and continuing to invest in and manage the development of new greenfield infrastructure assets,” Brousse explained.