Renew Holdings (RNWH)

Sector:

Support

Index:

FTSE AIM 50

847.00p
   
  • Change Today:
      5.00p
  • 52 Week High: 880.00p
  • 52 Week Low: 659.00p
  • Currency: UK Pounds
  • Shares Issued: 79.14m
  • Volume: 52,577
  • Market Cap: £670.30m
  • RiskGrade: 189

Renew Holdings revenue, profit to slightly beat market expectations

By Josh White

Date: Monday 02 Oct 2023

LONDON (ShareCast) - (Sharecast News) - Engineering service group Renew Holdings said in a trading update on Monday that, thanks to sustained high demand in its markets and its dealing with inflationary challenges, it anticipated revenue and operating profit for the year just ended to exceed market expectations slightly.
The AIM-traded firm said that as of 30 September, its financial health remained robust.

Its net cash was projected to surpass market anticipations, emphasising its sustained strength in an unpredictable environment.

"The board looks to the year ahead with confidence, with the group well positioned to continue to benefit from the UK's committed infrastructure spend," the company said in its statement.

"Renew's exposure to long-term operating budgets continues to provide demand across our core markets."

At 1234 BST, shares in Renew Holdings were up 2.38% at 730p.

Reporting by Josh White for Sharecast.com.

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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.

 

Renew Holdings Market Data

Currency UK Pounds
Share Price 847.00p
Change Today 5.00p
% Change 0.59 %
52 Week High 880.00p
52 Week Low 659.00p
Volume 52,577
Shares Issued 79.14m
Market Cap £670.30m
RiskGrade 189

Renew Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
88.41% below the market average88.41% below the market average88.41% below the market average88.41% below the market average88.41% below the market average
70.11% below the sector average70.11% below the sector average70.11% below the sector average70.11% below the sector average70.11% below the sector average
Price Trend
84.66% above the market average84.66% above the market average84.66% above the market average84.66% above the market average84.66% above the market average
55.34% above the sector average55.34% above the sector average55.34% above the sector average55.34% above the sector average55.34% above the sector average
Income
48.89% below the market average48.89% below the market average48.89% below the market average48.89% below the market average48.89% below the market average
38.98% below the sector average38.98% below the sector average38.98% below the sector average38.98% below the sector average38.98% below the sector average
Growth
11.33% below the market average11.33% below the market average11.33% below the market average11.33% below the market average11.33% below the market average
33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average33.33% below the sector average

What The Brokers Say

Strong Buy 3
Buy 1
Neutral 0
Sell 0
Strong Sell 0
Total 4
strong_buy
Broker recommendations should not be taken as investment advice, and are provided by the authorised brokers listed on this page.

Renew Holdings Dividends

  Latest Previous
  Final Interim
Ex-Div 08-Feb-24 08-Jun-23
Paid 08-Mar-24 12-Jul-23
Amount 12.00p 6.00p

Trades for 21-Feb-2024

Time Volume / Share Price
16:35 14,821 @ 847.00p
16:35 2 @ 847.00p
16:35 3 @ 847.00p
16:35 75 @ 847.00p
16:35 1 @ 847.00p

Renew Holdings Key Personnel

CEO Paul Scott

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