RNWH Renew Holdings Plc

TIDMRNWH

RNS Number : 8182A

Renew Holdings PLC

01 October 2015

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 its annual results for the financial year ended 30 September 2015 which will be announced on Tuesday 24 November 2015 .

The Board expects the Group's results for the year to 30 September 2015 to be in line with market expectations with growth in both revenue and operating profit continuing in the second half.

Cash generation continues to be good resulting in a further reduction in net debt.

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 
 Lianne Cawthorne                                                          Mob: 07584 391 303 
 

About Renew Holdings plc

Engineering Services, which accounts for over 80% 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 market in London and the Home Counties.

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

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October 01, 2015 02:00 ET (06:00 GMT)

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