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Market Cap: £694.26m
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Trading Update

3 Apr 2018 07:00

RNS Number : 5279J
Renew Holdings PLC
03 April 2018
 

Renew Holdings plc

("Renew" or the "Group")

 

Trading Update

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces an update on trading in advance of the interim results for the half year ended 31 March 2018.

 

The performance of the Group continues to be strong. Trading for the first half of the year is in line with the Board's expectations and we anticipate reporting an increased forward order book at the interim results.

 

This has been driven by Engineering Services where order flow across our Infrastructure and Environmental sectors has been good.

 

The Group expects to report a modest net debt position at the half year in line with expectations. Our year end net cash forecast remains unchanged.

 

Renew's interim results for the six months ended 31 March 2018 will be announced on Tuesday 22 May 2018.

Enquiries:

Renew Holdings plc

Tel: 0113 281 4200

Paul Scott, Chief Executive

Sean Wyndham-Quin, Group Finance Director

Numis Securities Limited

Tel: 020 7260 1000

Stuart Skinner/ Kevin Cruickshank (Nominated Adviser)

Michael Burke (Corporate Broker)

Walbrook PR

Tel: 020 7933 8780 or renew@walbrookpr.com

Paul McManus

Mob: 07980 541 893

Nick Rome

Mob: 07748 325 236

Lianne Cawthorne

Mob: 07584 391 303

 

About Renew Holdings plc

 

Engineering Services, which accounts for over 80% of Group revenue and 90% 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 market in London and the Home Counties.

 

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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Date   Source Headline
1st Oct 20137:00 amRNSTrading Update
6th Sep 20131:00 pmRNSHolding(s) in Company
6th Sep 20139:10 amRNSDirector/PDMR Shareholding
21st Aug 20137:00 amRNSExceptional Items in 2013 Results
12th Aug 20137:00 amRNSAcquisition of Lewis Civil Engineering Limited
18th Jul 201311:05 amRNSHolding(s) in Company
15th Jul 20132:55 pmRNSHolding(s) in Company
18th Jun 201312:36 pmRNSSector Reclassification
29th May 201312:14 pmRNSHolding(s) in Company
24th May 201311:44 amRNSHolding(s) in Company
21st May 20137:00 amRNSInterim results
11th Apr 20137:00 amRNSInvestor and Analyst Presentation
2nd Apr 20138:13 amRNSTrading Update
30th Jan 20132:41 pmRNSResult of AGM
30th Jan 20137:00 amRNSAGM Statement
16th Jan 201312:45 pmRNSHolding(s) in Company
21st Dec 201211:47 amRNSDirector/PDMR Shareholding
19th Dec 20127:00 amRNSPosting of Annual Report and Accounts
11th Dec 20124:16 pmRNSHolding(s) in Company
4th Dec 20124:45 pmRNSHolding(s) in Company
29th Nov 20126:15 pmRNSHolding(s) in Company
27th Nov 20127:00 amRNSPreliminary Results
26th Nov 20127:00 amRNSHolding(s) in Company
20th Nov 201210:09 amRNSHolding(s) in Company
13th Nov 20129:53 amRNSFramework award
12th Oct 20127:00 amRNSChange of Adviser
1st Oct 20127:00 amRNSTrading Update
21st Sep 20127:00 amRNSSector Reclassification
19th Sep 20127:00 amRNSHolding(s) in Company
30th Aug 20129:29 amRNSHolding(s) in Company
11th Jun 201210:28 amRNSDirector/PDMR Shareholding
6th Jun 20127:00 amRNSPosting of Interim Report and Accounts
22nd May 20127:00 amRNSHalf Yearly Report
2nd Apr 20127:00 amRNSTrading update
29th Mar 201211:40 amRNSDirector/PDMR Shareholding
23rd Mar 20121:20 pmRNSDirector/PDMR Shareholding
6th Mar 201211:34 amRNSDirector/PDMR Shareholding
1st Feb 20127:00 amRNSChange of Adviser
26th Jan 20121:21 pmRNSResult of AGM
25th Jan 20127:00 amRNSAGM Statement
18th Jan 20122:51 pmRNSHolding(s) in Company - Replacement
16th Jan 201210:34 amRNSHolding(s) in Company
10th Jan 20127:00 amRNSAnnual Financial Report
5th Jan 20124:21 pmRNSHolding(s) in Company
5th Jan 20129:31 amRNSDirector/PDMR Shareholding
6th Dec 20117:00 amRNSNew Engineering Services Framework Appointments
22nd Nov 20117:00 amRNSPreliminary results
8th Nov 20117:00 amRNSHolding(s) in Company
3rd Nov 20119:38 amRNSHolding(s) in Company
27th Oct 20117:00 amRNSHolding(s) in Company

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