Leeds engineering firm starts year in line with expectations

Renew Holdings.Renew Holdings.
Renew Holdings.
Infrastructure engineering services firm Renew says trading for the first quarter of the year has continued to be in line with its expectations.

The Leeds-based firm's order book on December 31, 2020, was £677m, up from £651m the previous year.

Its Engineering Services order book stood at £583m, up from £549m in 2019.

Hide Ad
Hide Ad

Net debt and cash generation are also in line with the board's expectations, the firm added.

David Forbes, chairman of Renew, said: "Since the introduction of the latest national lockdown in early January 2021, we have experienced continuity in demand for our services across all our markets where our employees continue to implement strict Covid-19 precautions in line with Public Health England advice.

"The group's operations have remained largely unaffected and, based on our experiences to date, we do not anticipate any material impact on our financial performance."


Support The Yorkshire Post and become a subscriber today.

Your subscription will help us to continue to bring quality news to the people of Yorkshire. In return, you'll see fewer ads on site, get free access to our app and receive exclusive members-only offers.

Hide Ad
Hide Ad

So, please - if you can - pay for our work. Just £5 per month is the starting point. If you think that which we are trying to achieve is worth more, you can pay us what you think we are worth. By doing so, you will be investing in something that is becoming increasingly rare. Independent journalism that cares less about right and left and more about right and wrong. Journalism you can trust.

Thank you

James Mitchinson

Comment Guidelines

National World encourages reader discussion on our stories. User feedback, insights and back-and-forth exchanges add a rich layer of context to reporting. Please review our Community Guidelines before commenting.