Renew Holdings sees increased forward order book after in-line first half

AIM-listed engineering services group Renew Holdings said on Tuesday that it expects to report an increased forward order book at its interim results as first-half trading has been in line with its expectations.

FTSE AIM 100

3,531.60

13:30 14/11/24

n/a

FTSE AIM 50

3,975.14

13:30 14/11/24

n/a

FTSE AIM All-Share

730.22

13:30 14/11/24

n/a

Renew Holdings

1,080.00p

13:04 14/11/24

0.75%

8.00p

Support Services

11,018.06

13:30 14/11/24

-0.55%

-60.43

In an update ahead of its interims in May, the company said its performance continues to be strong, driven by engineering services, where order flow across its infrastructure and environment sectors has been good.

The group expects to report a "modest" net debt position at the half year in line with expectations and said its year-end net cash forecast remains unchanged.

At 1240 BST, the shares were down 0.8% to 377p.