RE: Contact11 Jul 2024 10:07
In terms of UK business, TED is experiencing a definite upturn in order intake in March as Network Rail starts to release contracts as part of the new 'control period' CP7.
We anticipate that as a result of the release of CP7, contracts will be awarded to the UK rail contractors, which in turn will result in strategic purchases from TED for rail maintenance equipment to complete the contracts. This should result in a significant upturn in UK business in the next and following years.
This, taken with the success of Unipart Rail's global marketing initiatives, bodes extremely well for TED.
Adien
Following on from a strong finish to 2023, Adien is continuing to perform extremely well. Client orders are very healthy and most importantly, consistent