| John Laing has strong 2007 |
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| Monday, 14 April 2008 | |
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PFI specialist John Laing has achieved a strong performance in 2007 despite signs that the PFI market is slowing, it today announced. It is the company's first financial statement since being taken private by Hendersons in 2006. Last yearJohn Laing invested £153m in projects compared with £23m in 2006.
The company also said it had achieved rrecord financial closings with £101.9m of investment committed in seven new projects. “In the UK our traditional private finance initiative market remains significant but it is maturing. There remains scope for growth in the waste and renewables sectors and we are developing alternative procurement models to take advantage of new opportunities. “Overseas markets offer huge opportunities for growth. John Laing is well positioned in its chosen markets of Canada, USA, Europe, India and South East Asia with a local presence now established in all these territories. We are actively bidding in all these markets and expect to achieve significant growth over the next 12 months.” |


