Renew Holdings plc
("Renew" or the "Group")
At the Group's Annual General Meeting to be held today, Roy Harrison, Chairman of Renew, will say the following:
"Trading for the first quarter of the year has been satisfactory, despite still challenging market conditions. The order book at 31 December 2009, not including the potential benefits from framework agreements or preferred bidder situations, remained strong at £200m.
Renew remains debt free with available cash resources and, at 31 December 2009, the Group's net cash balance was in excess of £13m.
The Group's interim results will be announced on Tuesday 25 May 2010."
27 January 2010
ENQUIRIES:
Renew Holdings plc
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Tel: 0113 281 4200
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Brian May, Chief Executive
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John Samuel, Group Finance Director
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Brewin Dolphin Investment Banking
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Tel: 0845 213 4730
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Andrew Kitchingman
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Sean Wyndham-Quin
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