Renew Holdings plc ( (GB:RNWH) ) has provided an update.
Renew Holdings plc has provided a trading update for the first half of 2025, indicating that performance has aligned with revised expectations. The Rail sector faced delays due to a slow start to the new control period, but this was mitigated by increased demand for maintenance services. In the Environmental sector, the company is well-positioned for the new control period, AMP8, with significant framework positions secured. The Energy and Infrastructure sectors remain stable, and recent acquisitions are integrating well. The company’s order book is at record levels, and it remains confident in meeting full-year expectations with an anticipated increase in operating profit.
More about Renew Holdings plc
Renew Holdings plc is a leading UK Engineering Services business that plays a crucial role in maintaining the nation’s infrastructure. The company operates through independently branded subsidiaries in key markets such as Rail, Infrastructure, Energy (including Wind and Nuclear), and Environmental. These markets are largely regulated and benefit from non-discretionary spending with long-term visibility of committed funding.
YTD Price Performance: -22.17%
Average Trading Volume: 278,029
Technical Sentiment Signal: Buy
Current Market Cap: £547.8M
Find detailed analytics on RNWH stock on TipRanks’ Stock Analysis page.