Further growth for engineering services leader Renew

Written by John Bohan

Renew Holding – the Engineering Services Group supporting UK infrastructure – has reported strong cash generation as well as increased revenue, profits and dividends for the year ended 30 September.

Operational highlights reported by the group included adjusted profit before tax up 14% to £22.3m (2015: £19.6m); Engineering Services adjusted operating profit increase of 7% to £21.5m (2015: £20.1m); Group order book up 3% to £516m (2015: £502m); and net cash position £4.8m (2015: net debt £4.8m).

The company’s headquarters are based in Aberford, Leeds.

R J Harrison OBE, Chairman said: "Another year of record results continues the Group's progress towards achieving its published financial targets. I am particularly pleased to report the improvement in operating margin. The Board is confident of delivering further growth and continued success under the leadership of our new Chief Executive."

 Back to Elevation News

View our latest vacancies


Quality Assurance Engineer

Location:
Barnsley
Find Out More...

Quality Engineer

Location:
Harrogate
Find Out More...

Supplier Quality Engineer

Location:
Goole
Find Out More...

HSE Advisor (stand alone)

Location:
Sheffield
Find Out More...