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Leading International Investment Research, Edison Investment Research

Equity Bottom-Up

<p>John Laing Group&rsquo;s (JLG) pre-close trading update confirms that the market for both infrastructure investment and project realisations remains strong. We continue to forecast 13% NAV growth in FY16, to 275p, and expect that over time the valuation gap with other infrastructure investment companies will close.</p>

John Laing Group&rsquo;s (JLG) pre-close trading update confirms that the market for both infrastructure investment and project realisations remains strong. We continue to forecast 13% NAV growth in FY16, to 275p, and expect that over time the valuation gap with other infrastructure investment companies will close.

John Laing

Strong investment disposals performance