|
Renew Holdings PLC on Tuesday said strong trading performance drove its profit and revenue for the first half of the year ending September 30. The Leeds, England-based engineering services group said revenue rose 14% to £471.8 million from £414.3 million a year prior. Pretax profit was £26.3 million, up 21% from £21.8 million. This was driven by strong trading performance, as well as growth across all platforms, Renew said. Renew declared an interim dividend of 6.00 pence, up 5.8% from 5.67p last year. Looking ahead, Renew said trading has started well going into the second half of the financial year, and it expects to meet its full-year expectations. Shares in Renew were up 1.4% at 732.00 pence each in London on Tuesday morning. Copyright 2023 Alliance News Ltd. All Rights Reserved.
|
