Renew delivers ‘strong’ full year results

Renew's results will be studied by City analysts . Photo: Jonathan Brady/PA Wire
Renew's results will be studied by City analysts . Photo: Jonathan Brady/PA Wire
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ENGINEERING services group Renew Holdings today said it had delivered a “strong set of results” which has given it a solid foundation for 2019.

In the year ended September 30 2018, the group’s adjusted operating profit rose by 9.6 per cent to £31.1m.

David M Forbes, the company’s chairman said: “I am encouraged by another set of excellent results which demonstrates the continued progress in executing our long-standing strategy by growing the business in our chosen markets both organically and through selective complementary acquisitions.

“Our solid foundations allow the board to look forward to 2019 with confidence.”