18.09.07 BBPP Interim Results 2007
last modified
2008-02-25 13:27
Not for publication, release or distribution in whole or in part in Australia, Canada, Japan or the United States
Babcock & Brown Public Partnerships Limited
(Incorporated in Guernsey with registered number 45241)
Interim results announcement for the period 1 January to 30 June 2007
For a copy of the results presentation click here
For a full copy of the results press release click here
Results Highlights
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H1 2007
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Profit before tax
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£8.1m
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Net Asset Value as at 30 June 2007
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£322.4m
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Net Asset Value per share
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107.5p
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Increase in Net Asset Value
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5.2%
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Uncommitted cash available for investment
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£61m
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Keith Dorrian, Chairman of the Board, said;
“I am pleased to report that the Company has performed successfully during the six months to 30 June 2007. The Company’s competitiveness and pipeline of opportunities has not been affected by the recent turbulence in capital markets and the market for social infrastructure, whilst showing signs of maturing in the United Kingdom, remains robust internationally as the historic under investment in a number of developed countries is addressed by PPP-style initiatives. The Board intends to pursue a policy which will result in the Company developing a global reputation as a quality provider of PPP financing and it is through this initiative that we anticipate being able to provide our Shareholders with a sustainable superior return supported by a diversified international portfolio of high quality assets.”
For further information, please contact:
Babcock & Brown Investment Management Limited - 020 7203 7300
Investors – Bianca Francis
Media – Anthony Kennaway