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867.00    -10.00 (-1.14%)
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Spread: 3.00 (0.347%)
Market Cap: £686.35m
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Trading Update

29 Sep 2014 07:00

RNS Number : 7836S
Renew Holdings PLC
29 September 2014
 



 

Renew Holdings plc

("Renew" or the "Group")

 

Trading Update

 

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces an update on trading prior to the end of its financial year on 30 September 2014.

 

Trading during the second half of the financial year has been pleasing and the Board expects that results will be in line with market expectations for the year. Initial integration of Forefront Group Limited which was acquired on 1 August 2014 is proceeding well.

 

Order flow has been encouraging in all market segments and the Group has continued to experience good cash generation.

 

Preliminary annual results will be announced on Tuesday 25 November 2014.

 

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

Paul McManus

Mob: 07980 541 893 or paul.mcmanus@walbrookpr.com

Bob Huxford

Mob: 07747 635 908 or bob.huxford@walbrookpr.com

 

About Renew Holdings plc

Engineering Services, which accounts for over 70% of Group revenue and 80% 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 and New Build Affordable Housing markets in the South East of England.

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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