Trading Update

RNS Number : 8182A
Renew Holdings PLC
01 October 2015
 

 

Renew Holdings plc

("Renew" or the "Group")

 

Trading Update

 

Renew (AIM: RNWH), the Engineering Services Group supporting UK infrastructure, announces an update on trading ahead of its annual results for the financial year ended 30 September 2015 which will be announced on Tuesday 24 November 2015 .

 

The Board expects the Group's results for the year to 30 September 2015 to be in line with market expectations with growth in both revenue and operating profit continuing in the second half.

 

Cash generation continues to be good resulting in a further reduction in net debt.

 

 

 

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 or renew@walbrookpr.com

Paul McManus

Mob: 07980 541 893

Lianne Cawthorne

Mob: 07584 391 303

 

About Renew Holdings plc

Engineering Services, which accounts for over 80% of Group revenue and 85% 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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