RNWH Renew Holdings Plc

TIDMRNWH

RNS Number : 3820D

Renew Holdings PLC

28 March 2014

Renew Holdings plc

("Renew" or the "Group")

Trading Update

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces an update on trading ahead of the interim results for the half year ended 31 March 2014.

Trading for the first half of the year has been strong and well ahead of the comparative position last year, in line with the Board's expectations. Performance is being driven by growth in all of our Engineering Services markets but particularly so in Infrastructure where our Rail business is continuing to experience record levels of activity. Specialist Building is performing in line with expectations.

The Board also anticipates reporting an increased forward order book and strong cash generation.

Renew's interim results for the six months ended 31 March 2014 will be announced on Tuesday 20 May 2014.

Enquiries:

 
 Renew Holdings plc                                                        Tel: 0113 281 4200 
 Brian May, Chief Executive 
 John Samuel, Group Finance 
  Director 
 
 Numis Securities Limited                                                  Tel: 020 7260 1000 
 Stuart Skinner (Nominated 
  Adviser) 
 James Serjeant (Corporate 
  Broker) 
 
 Walbrook PR                                       Tel: 020 7933 8780 or renew@walbrookpr.com 
 Paul McManus                                                              Mob: 07980 541 893 
 Bob Huxford                                                               Mob: 07747 635 908 
 

About Renew Holdings plc

Engineering Services, which now accounts for over 70% of Group revenue and 85% of operating profit, focuses on the key markets of Energy (including Nuclear), Environmental and Infrastructure, which are largely governed by regulation and benefit from non-discretionary spend with long-term visibility of committed funding.

Specialist Building focuses on the High Quality Residential and New Build Affordable Housing markets in the South of England.

For more information please visit the Renew Holdings plc website: www.renewholdings.com

This information is provided by RNS

The company news service from the London Stock Exchange

END

TSTQKODNABKDBNB

Renew (LSE:RNWH)
Graphique Historique de l'Action
De Sept 2024 à Oct 2024

Renew (LSE:RNWH)
Graphique Historique de l'Action
De Oct 2023 à Oct 2024