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Pin to quick picksRenew Holdings Share News (RNWH)

Share Price Information for Renew Holdings (RNWH)

London Stock Exchange
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Share Price: 1,062.00
Bid: 1,050.00
Ask: 1,060.00
Change: 2.00 (0.19%)
Spread: 10.00 (0.952%)
Open: 1,066.00
High: 1,066.00
Low: 1,056.00
Prev. Close: 1,060.00
RNWH Live PriceLast checked at -

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IN BRIEF: Renew Holdings reports interim trading in line with guidance

Mon, 03rd Apr 2023 10:21

Renew Holdings PLC - Leeds, England-based engineering services group - Says trading for the six months that ended on March 31 is in line with expectations. Says its healthy order book continues to be underpinned by long-term framework positions. In February, Renew said its order book at December 31 stood at GBP861 million, up from GBP742 million a year earlier.

Renew adds on Monday that it continues to successfully manage inflationary pressures and supply chain challenges. Remains confident of a successful performance in the second half of the year. Says it will release its interim results on May 16.

Back in November, Renew had reported a 21% rise in pretax profit for financial year that ended on September 30 to GBP49.5 million from GBP40.8 million a year ago, as revenue rose by 7.3% to GBP849.0 million from GBP791.0 million.

Current stock price: 672.31 pence each, down 0.6% on Monday in London

12-month change: down 1.9%

By Xindi Wei, Alliance News reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

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