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Renew Holdings Trading In Line, Expects Better Forward Order Book

2nd Apr 2015 07:37

LONDON (Alliance News) - Engineering services company Renew Holdings PLC on Thursday said its first half trading is in line with expectations.

In a short trading statement, the company said its trading in the first half of its financial year to the end of March was in line with its expectations and is an improvement on the same period a year earlier.

It expects to report an increased forward order book for the first half and a further reduction in its net debt.

Renew will publish its half-year results on May 19.

Shares in Renew were up 11.9% to 268.9999 pence on Thursday morning.

By Sam Unsted; [email protected]; @SamUAtAlliance

Copyright 2015 Alliance News Limited. All Rights Reserved.


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Renew Holdings
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Change53.53