LONDON (Alliance News) - Engineering services company Renew Holdings PLC on Wednesday said trading in the first quarter met its expectations and said its order book for the rest of the year is looking stronger.
Chairman Roy Harrison, in a statement to be given at the company's annual general meeting on Wednesday, said the group's energy division has won a place on the Decommissioning Delivery Partnership framework for the decommissioned Sellafield nuclear power station in north west England, a ten-year framework agreement worth around GBP500.0 million.
He added the group's environmental unit has been appointed by Wessex Water to its Asset Management Programme 6 framework, worth around GBP350.0 million in total.
Harrison said Renew's order book at the end of December was 15% higher year-on-year and said the group remains confident of meeting its expectations for the full year.
Renew shares were up 3.1% to 396.31 pence.
By Sam Unsted; samunsted@alliancenews.com; @SamUAtAlliance
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Renew Holdings (RNWH)