Trading Update, Notice of Results & Investor Pres

Summary by AI ^BETAClose X

Van Elle Holdings plc reported a resilient first half with revenue for continuing operations reaching approximately £73m, a 12% increase from £65m in the prior year, driven by improved volumes in General Piling and Strata Geotechnics. The company has strengthened its position in the Energy and Water sectors, securing work on significant projects. Despite challenges from Building Safety Act approval delays, Van Elle is confident in delivering full-year results in line with market expectations, which forecast £3.0m in underlying profit before tax for continuing operations. The company will announce its half-year results on January 26, 2026.

Disclaimer*

Van Elle Holdings PLC

16 December 2025

Van Elle Holdings plc

('Van Elle', the 'Company' or the 'Group')

First Half Trading Update

Notice of Results

Analyst Briefing & Investor Presentation

Van Elle Holdings plc (AIM: VANL), the UK's largest ground engineering contractor, today provides a trading update for the six months ended 31 October 2025 (the 'Period').

Trading update

The Group's results for continuing operations in the Period are in line with the Board's expectations. This reflects a resilient operational performance despite the challenging market conditions, and in particular, the continued delays to Building Safety Act approvals for high-rise residential buildings.

The Group expects to report revenue for continuing operations in the Period of approximately £73m (HY2025: £65m), representing an increase of 12% on the prior year, primarily driven through improving volumes within General Piling and Strata Geotechnics.

The Group has strengthened its position in the UK's Energy and Water sectors, where the medium-term opportunity is significant. In Energy, the Group is progressing ground investigation and design workstreams on the major Beauly to Loch Buidhe transmission scheme for Wood Group, and work has commenced on its first transmission projects for M-Group. In Water, Strata Geotechnics has secured a place on United Utilities' AMP8 ground investigation framework, and several waste water treatment schemes are underway with Galliford Try, Kier and Costain.

The steadily improving activity levels across the Group are encouraging, and the Board welcomes the announcement by the Building Safety Regulator on 12 December 2025 confirming that staged applications for all new higher risk buildings will shortly be accepted, which should accelerate Building Safety Act approvals during 2026. The Board is confident in delivering results for the full year in line with market expectations¹.

Notice of results

The Company expects to announce its half-year results for the six months ended 31 October 2025 on Monday, 26 January 2026.

Analyst Briefing: 10.00am, Monday 26 January 2026

A briefing for Analysts will be held at 10.00am on the morning of the results. Analysts interested in attending should contact Walbrook PR on vanelle@walbrookpr.com or 020 7933 8780.

Investor Presentation: 3.30pm, Monday 26 January 2026

Mark Cutler, Chief Executive Officer, and Graeme Campbell, Chief Financial Officer, will hold a presentation to review the results and outlook at 3.30pm on 26 January 2026. The presentation will be hosted through the digital platform Investor Meet Company.

Investors can sign up to Investor Meet Company for free and add to meet Van Elle Holdings plc via the following link https://www.investormeetcompany.com/van-elle-holdings-plc/register-investor.

Investors who have already registered and added to meet the Company will automatically be invited. Questions can be submitted pre-event to vanelle@walbrookpr.com, or in real time during the presentation via the "Ask a Question" function.

¹ Company compiled analyst consensus for FY2026 underlying profit before tax for continuing operations is £3.0m.

For further information, please contact:

Van Elle Holdings plc Mark Cutler, Chief Executive Officer Graeme Campbell, Chief Financial Officer	Via Walbrook

Peel Hunt LLP (Nominated Adviser and corporate broker) Ed Allsopp Charlotte Sutcliffe Tom Graham	Tel: 020 7418 8900

Dowgate Capital Limited (Joint Broker) James Serjeant Dan Ingram	Tel: 020 3903 7715

Walbrook PR Limited	Tel: 020 7933 8780 or vanelle@walbrookpr.com
Tom Cooper Nick Rome	07971 221 972 07748 325 236

About Van Elle Holdings plc:

Van Elle Holdings is the UK's largest specialist geotechnical engineering contractor. Formed in 1984 and listed on AIM in 2016, the Company provides a wide range of ground engineering techniques and services including ground investigation, general and specialist piling, rail geotechnical engineering, modular foundations, and ground improvement and stabilisation services.

Van Elle operates through three divisions: General Piling, Specialist Piling and Rail, and Ground Engineering Services; and is focused on diverse end markets including residential and housing, infrastructure and regional construction - across which the Group has completed more than 20,000 projects over the last 35 years.

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