Close Menu
Machinery Asia
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
  • News & Media
Facebook X (Twitter) Instagram
Facebook X (Twitter) Instagram
Machinery Asia
Subscribe
  • Home
  • Industry News
  • Heavy Machinery
  • Backhoe Loader
  • Excavators
  • Skid Steer
  • Videos
  • Shopping
  • News & Media
Machinery Asia
You are at:Home » Renew record publications of income and profit
Industry News

Renew record publications of income and profit

Machinery AsiaBy Machinery AsiaNovember 28, 2023No Comments2 Mins Read
Facebook Twitter Pinterest LinkedIn Tumblr Email
Share
Facebook Twitter LinkedIn Pinterest Email Tumblr

Renew Holdings is close to £1 billion in turnover after a record year.

The Leeds-based civil contractor posted revenue of £960.9m in the 12 months to September 30 this year.

This is a 13% increase on the previous year and marks a third consecutive period of significant growth since the company recorded a turnover of £620.4m in 2020.

Pre-tax profit also rose in the latest period, rising 17 per cent to £58.1m.

Renew chief executive Paul Scott said: “Once again we delivered record results despite the turbulent macroeconomic landscape.

“I would like to sincerely thank all our dedicated colleagues whose hard work and commitment have enabled the group to deliver another record performance.

“Our core strengths leave us well-positioned to leverage our strong track record of long-term value creation as we look ahead with impressive business momentum and a strong forward order book.”

Scott said he was “excited” about the “significant growth opportunities”, predicting that demand for maintaining and renewing the UK’s infrastructure would be a national priority regardless of the outcome of the next election.

Renew has worked in the rail, road and water sectors, among others, and has a five-year framework for Manchester Airports Group, as well as long-term relationships at Sellafield Nuclear Power Plant.

Scott added: “The structural growth drivers in our end markets have never been more attractive and we are uniquely positioned to take advantage of both organic and acquisitive growth opportunities.”

Source link

Share. Facebook Twitter Pinterest LinkedIn Tumblr Email
Previous ArticleSubmissions are open for the construction site holiday lights contest
Next Article Construction Specialty Award of Merit: Solar Installation of the Technical Campus of Zions
Machinery Asia
  • Website

Related Posts

The safeguards step in as Southland Holdings reports heavy losses

April 28, 2026

The safeguards step in as Southland Holdings reports heavy losses

April 28, 2026

Construction contractor Barton Malow selected to build $198 million football stadium for beloved Detroit team

April 27, 2026
Leave A Reply Cancel Reply

  • Facebook
  • Twitter
  • Instagram
  • Pinterest
Don't Miss

The safeguards step in as Southland Holdings reports heavy losses

The safeguards step in as Southland Holdings reports heavy losses

Construction contractor Barton Malow selected to build $198 million football stadium for beloved Detroit team

Barton Malow boss reveals ‘big change’ behind 100-year-old firm’s longevity

Popular Posts

The safeguards step in as Southland Holdings reports heavy losses

April 28, 2026

The safeguards step in as Southland Holdings reports heavy losses

April 28, 2026

Construction contractor Barton Malow selected to build $198 million football stadium for beloved Detroit team

April 27, 2026

Barton Malow boss reveals ‘big change’ behind 100-year-old firm’s longevity

April 27, 2026
Heavy Machinery

Folding car trailer buying guide for small garage and easy storage

April 27, 2026

How does car trailer size affect towing capacity

April 17, 2026

Metal car trailer ramps make loading easier and safer

April 13, 2026

Car drop trailer explained for safer low car transport

April 8, 2026

Subscribe to Updates

Get the latest creative news from FooBar about art, design and business.

Type above and press Enter to search. Press Esc to cancel.