Van Elle Holdings (GB:VANL) has released an update.
Don’t Miss TipRanks’ Half-Year Sale
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Van Elle Holdings PLC, the UK’s leading ground engineering contractor, reports a 14% increase in order book since the beginning of FY2025, with a promising bid pipeline and framework agreement wins expected to boost activity in the coming years. Despite early year market challenges and sector uncertainties, the company anticipates a recovery in the housing market and normalization of UK rail volumes, projecting results in line with market consensus and a profitability surge in the latter half of FY2025. Additionally, strategic growth is underway in the water and energy sectors, particularly in Canada where key contracts have been secured.
For further insights into GB:VANL stock, check out TipRanks’ Stock Analysis page.