Renew Holdings (RNWH)

Sector:

Support

Index:

FTSE AIM 50

818.00p
   
  • Change Today:
    -1.00p
  • 52 Week High: 1,152.00
  • 52 Week Low: 617.00
  • Currency: UK Pounds
  • Shares Issued: 79.16m
  • Volume: 1,604
  • Market Cap: £647.50m
  • 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 818.00p
Change Today -1.00p
% Change -0.12 %
52 Week High 1,152.00
52 Week Low 617.00
Volume 1,604
Shares Issued 79.16m
Market Cap £647.50m
RiskGrade 189

Renew Holdings Star Ratings

Compare performance with the sector and the market.
more star ratings
Key: vs Market vs Sector
Value
78.84% below the market average78.84% below the market average78.84% below the market average78.84% below the market average78.84% below the market average
75.56% below the sector average75.56% below the sector average75.56% below the sector average75.56% below the sector average75.56% below the sector average
Price Trend
31.45% below the market average31.45% below the market average31.45% below the market average31.45% below the market average31.45% below the market average
31.96% below the sector average31.96% below the sector average31.96% below the sector average31.96% below the sector average31.96% below the sector average
Income
37.98% below the market average37.98% below the market average37.98% below the market average37.98% below the market average37.98% below the market average
18.64% below the sector average18.64% below the sector average18.64% below the sector average18.64% below the sector average18.64% below the sector average
Growth
35.59% above the market average35.59% above the market average35.59% above the market average35.59% above the market average35.59% above the market average
45.65% above the sector average45.65% above the sector average45.65% above the sector average45.65% above the sector average45.65% above 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
  Interim Final
Ex-Div 05-Jun-25 06-Feb-25
Paid 09-Jul-25 14-Mar-25
Amount 6.67p 12.67p

Trades for 03-Jun-2025

Time Volume / Share Price
08:18 200 @ 818.00p
08:16 182 @ 819.60p
08:15 1 @ 826.00p
08:15 20 @ 817.00p
08:10 1,039 @ 822.85p

Renew Holdings Key Personnel

CEO Paul Scott

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