Trading Update

RNS Number : 2309J

Renew Holdings PLC

02 April 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 in advance of the interim results for the half year ended 31 March 2015.

Trading for the first half of the year is ahead of the comparative position last year and in line with the Board's expectations.

The Board anticipates reporting an increased forward order book and a further reduction in net debt.

Renew's interim results for the six months ended 31 March 2015 will be announced on Tuesday 19 May 2015.

Enquiries:

Renew Holdings plc	Tel: [phone]
Brian May, Chief Executive
John Samuel, Group Finance Director
Numis Securities Limited	Tel: [phone]
Stuart Skinner (Nominated Adviser)
James Serjeant (Corporate Broker)
Walbrook PR	Tel: [phone] or [e-mail]
Lianne Cawthorne (Media Relations)	Tel: [phone] or [e-mail]
Paul McManus (Media Relations)	Mob: [phone] or [e-mail]

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 Buildingfocuses 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

 

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