IN BRIEF: Renew expects full-year results to beat expectations

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Renew Holdings PLC - Leeds, England-based engineering services group - Expects revenue for the financial year ended September 30 to be ahead of market expectations of £927.9 million, up from £849.0 million in financial 2022. Anticipates adjusted operating profit to exceed consensus of £62.3 million, rising from £58.8 million a year ago. Looking ahead, says it is well positioned to benefit from the UK’s ‘committed infrastructure spend’.

Current stock price: 726.24 pence, up 1.9% on Monday

12-month change: up 24%

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