AGM Statement
28 Janvier 2009 - 8:00AM
UK Regulatory
TIDMRNWH
RNS Number : 3473M
Renew Holdings PLC
28 January 2009
?Renew Holdings plc
("Renew" or the "Group")
AGM Statement
At the Group's Annual General Meeting to be held today, Roy Harrison, Chairman
of Renew will say the following:
"I am pleased to report that trading for the first quarter of the year has been
satisfactory. The order book at 31 December 2008, which does not include the
potential benefits from framework agreements or preferred bidder situations,
remained strong at GBP220m. At 31 December 2008, the company's net cash balance
was still in excess of GBP25m following the acquisition of C. & A. Pumps Limited
on 1 October 2008 for GBP1.75m.
In line with our strategy, management is continuing to pursue further suitable,
earnings enhancing acquisitions to add to our Specialist Engineering business.
I look forward to reporting on further progress at the time of the Group's
interim results, which will be announced on Tuesday 19 May 2009."
28 January 2009
ENQUIRIES:
+-----------------------------------------+------------------------------+
| Renew Holdings plc | Tel: 0113 281 4200 |
+-----------------------------------------+------------------------------+
| Brian May, Chief Executive | |
+-----------------------------------------+------------------------------+
| John Samuel, Group Finance Director | |
+-----------------------------------------+------------------------------+
| | |
+-----------------------------------------+------------------------------+
| Brewin Dolphin Investment Banking | Tel: 0845 213 4730 |
+-----------------------------------------+------------------------------+
| Andrew Kitchingman | |
+-----------------------------------------+------------------------------+
| Sean Wyndham-Quin | |
+-----------------------------------------+------------------------------+
| | |
+-----------------------------------------+------------------------------+
| College Hill | Tel: 020 7457 2020 |
+-----------------------------------------+------------------------------+
| Mark Garraway | |
+-----------------------------------------+------------------------------+
| Adam Aljewicz | |
+-----------------------------------------+------------------------------+
This information is provided by RNS
The company news service from the London Stock Exchange
END
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