Renew Holdings PLC Trading Update and Notice of Results (3036S)
02 October 2017 - 5:00PM
UK Regulatory
TIDMRNWH
RNS Number : 3036S
Renew Holdings PLC
02 October 2017
Renew Holdings plc
("Renew" or the "Group" or the "Company")
Trading Update and Notice of Results
Renew (AIM: RNWH), the Engineering Services Group supporting UK
infrastructure, announces a trading update ahead of its annual
results for the financial year ended 30 September 2017 which will
be announced on Tuesday 21 November 2017.
The Board expects the Group to report results for the year to 30
September 2017 in line with market expectations, delivering an
increase in operating margin alongside growth in both revenue and
operating profit. The Board also expects to report that the Group
has moved to a net cash position.
Enquiries:
Renew Holdings plc Tel: 0113 281 4200
Paul Scott, Chief
Executive
John Samuel, 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
END
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