- JLEN Environmental Assets reported flat growth in net assets as gains in its portfolio value was hurt by an estimated decline in electricity and gas prices.

For the year ended 30 September 2019, net asset value per ordinary share was flat at 104.7 pence from 104.7 pence at the end of March.

The main growth drivers included portfolio value enhancement and good portfolio performance that were offset by a reduction of energy price forecast

the company estimated that a 10% reduction in energy process would decrease the portfolio by £30m. That was above the £28.9m decline estimated at the end of March.

The company declared an interim dividend of 1.665p a share.

At 9:32am: [LON:JLEN] John Laing Environmental Assets Group share price was -0.25p at 120.25p

Story provided by