Nexus Infrastructure (NEXS)

Sector:

Construction and Building Materials

Index:

FTSE AIM All-Share

80.50p
   
  • Change Today:
    -2.50p
  • 52 Week High: 171.00p
  • 52 Week Low: 75.00p
  • Currency: UK Pounds
  • Shares Issued: 46.18m
  • Volume: 63,250
  • Market Cap: £37.18m
  • RiskGrade: 174

Nexus Infrastructure boosted by 'significant improvement' in order book

By Iain Gilbert

Date: Tuesday 23 Oct 2018

LONDON (ShareCast) - (Sharecast News) - Nexus Infrastructure expects the full-year profits to be in line with expectations after seeing significant improvements to its order book throughout the period.
The AIM-listed outfit, which provides infrastructure services to the UK housebuilding and commercial sectors, told investors on Tuesday that it was "encouraged by the level of growth" in its order book which was aided by improvements to each of its divisions.

Tamdown's order book grew 31% to £142.4m, TriConnex improved 55% to £146.5m and eSmart Networks ended the year at £800,000 - taking the group's total order book to £289.7m, a 43% year-on-year increase.

Nexus also reported a continued high cash and cash equivalent balance of £26.4m, resulting in net cash of £20.0m.

Chief executive Mike Morris, said: "The significant improvement in the order book and the fact that we are attracting an even broader base of housing developers and affordable housing providers to our existing strong client base, provides us with confidence for our future growth plans and outlook for the business."

As of 1040 BST, Nexus shares had ticked ahead 0.83% to 181.50p.

Email this article to a friend

or share it with one of these popular networks:


Note 1: Prices and trades are provided by Digital Look Corporate Solutions and are delayed by at least 15 minutes.

Note 2: RiskGrade figures are provided by RiskMetrics.

 

NEXS Market Data

Currency UK Pounds
Share Price 80.50p
Change Today -2.50p
% Change -3.01 %
52 Week High 171.00p
52 Week Low 75.00p
Volume 63,250
Shares Issued 46.18m
Market Cap £37.18m
RiskGrade 174

NEXS Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
6.22% below the market average6.22% below the market average6.22% below the market average6.22% below the market average6.22% below the market average
12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average12.20% above the sector average
Price Trend
72.69% below the market average72.69% below the market average72.69% below the market average72.69% below the market average72.69% below the market average
80.49% below the sector average80.49% below the sector average80.49% below the sector average80.49% below the sector average80.49% below the sector average
Income
66.46% below the market average66.46% below the market average66.46% below the market average66.46% below the market average66.46% below the market average
47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average47.06% below the sector average
Growth
45.43% below the market average45.43% below the market average45.43% below the market average45.43% below the market average45.43% below the market average
46.34% below the sector average46.34% below the sector average46.34% below the sector average46.34% below the sector average46.34% below the sector average

NEXS Dividends

  Latest Previous
  Final Special
Ex-Div 07-Mar-24 16-Mar-23
Paid 05-Apr-24 03-Apr-23
Amount 2.00p 163.00p

Trades for 28-Mar-2024

Time Volume / Share Price
16:32 2 @ 85.62p
16:24 1 @ 85.62p
15:40 1 @ 85.62p
13:08 24,752 @ 76.00p
13:11 227 @ 82.77p

NEXS Key Personnel

CEO Charles Sweeney
CFO Dawn Hillman

Top of Page