Renew Holdings Share Price (RNWH)

RNWH's Seymour Civil Engineering are one of only 8 companies to have won places on both the high value and smaller value lots in a £50m framework contract for North Yorkshire County Council.

This is for its new four-year Civil Engineering Contractors Framework covering bridge repairs, resurfacing and highway works across North Yorkshire and York:

Https://www.constructionenquirer.com/2026/05/26/north-yorkshire-lines-up-16-firms-on-50m-civils-framework/

Worth noting recent analyst/broker price targets:

01/04/2026 Berenberg Bank buy 1,320.00p

01/04/2026 Shore Capital buy 1,350.00p

13/05/2026 Deutsche buy 1,220.00p

Https://investing.thisismoney.co.uk/broker-views/RNWH

A very useful transcript of RNWH's post-results earnings call to institutions is available here - it's free if you sign up to Seeking Alpha, but not sure if you can access it otherwise?

Https://seekingalpha.com/article/4905315-renew-holdings-plc-rnwhf-q2-2026-earnings-call-transcript

Exttracts from opening and concluding statements from the CEO:

"we're very pleased to be reporting another record set of results for Renew. They are a testament to our strategic progress and the more diverse exposure we have to our target markets. We're delighted to have further expanded our range of pureplay engineering services in both our water and relatively new transmission and distribution power markets and more on these shortly.

From strong cash generation, our balance sheet is in good health, and we remain very active in terms of our M&A. Our order book remains well balanced and at record levels, yet conservatively and consistently reported and reflecting the confidence in our prospects. We've increased the interim dividend. It's up 4.9% to 7p."

"We want to be a different business next year in terms of having more offering to all our clients. Our clients are telling us quite clearly what shape they would like us to be in, listening to that, growing it organically, finding targets that can help us on that growth ambition.

Maintaining a discipline around the balance sheet has served us really well. No longer is it just a factor for the investment community. But now our clients are increasingly looking at the health of the balance sheet of their strategic partners for a 10-year program support. So it's important from that perspective. So that discipline has served us really well.

The order book, as you guys know in the room, is very conservatively reported but very consistently reported. It's a record level, and it represents a runway of a very clear transparent 12-month out kind of period. It does not reflect the full potential in the order book of Renew, which would be multibillions of pounds if I took the advertise value. But this is hopefully a good confidence market in how we are feeling, what is committed today that gives us that good momentum, which is why we have the confidence in making further strategic and financial progress in the second half of the year and in the years ahead of us. Thank you for listening."

Another RNS just out. Swedbank Robur Fonder AB are buying more - they now own over 6%, with 4.765m shares:

Https://uk.advfn.com/stock-market/london/renew-RNWH/share-news/Renew-Holdings-PLC-Holdings-in-Company/98561868

Yet another acquisition announced today. The pace of acquisitions is increasing, with RNWH gearing up for the massive national infrastructure investment necessary in the electricity/ power transmission and distribution markets.

Today's acquisition will add a not inconsiderable £650k of EBITDA and is "immediately earnings enhancing".

And RNWH "continues to evaluate a pipeline of further acquisitions":

Https://www.investegate.co.uk/announcement/rns/renew-holdings--rnwh/acquisition-of-edes-/9574190