1st Feb 2023 10:39
Renew Holdings PLC - Leeds, England-based engineering services group - Says trading in the first quarter of its financial year has been in line with its expectations. Group order book at December 31 stands at GBP861 million, up from GBP742 million a year earlier. The Engineering Services order book stands at GBP758 million on December 31, up from GBP687 million on the same date a year ago.
Chair David Brown said: "We are pleased with the momentum within the group. This, combined with the structural growth drivers in our regulated infrastructure markets, give us confidence in the year ahead."
Back in November, Renew had reported a 21% rise in pretax profit for financial year that ended on September 31 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: 733.70 pence each, up 0.2% on Wednesday morning in London
12-month change: unchanged from a year ago
By Xindi Wei, Alliance News reporter
Comments and questions to [email protected]
Copyright 2023 Alliance News Ltd. All Rights Reserved.
Related Shares:
Renew Holdings