RNS Number : 4226X
Nexus Infrastructure PLC
26 April 2023
 

Wednesday 26 April 2023 

 

 

Nexus Infrastructure plc

("Nexus" or the "Group")

 

Notice of Results

 

Nexus Infrastructure plc (AIM:NEXS), a market-leading provider of civil engineering infrastructure services to the UK housebuilding sector, is pleased to confirm it will announce results for the six months ended 31 March 2023 on Thursday 18th May 2023.

 

Nexus expects Tamdown, the Group's operating business, to deliver revenue in H1 2023 of £50.8m (H1 2022: £46.7m).

 

Tamdown's order book was resilient at £85.3m as at 31 March 2023 (H1 2022: £88.4m) with good progress being made in the period on work winning and delivering on site for customers despite macro-economic headwinds.

 

The Group's balance sheet is strong with cash and cash equivalents of £15.9m as at 31 March 2023.

 



Enquiries: 

Nexus Infrastructure plc 

Charles Sweeney, Chief Executive Officer 

Dawn Hillman, Chief Financial Officer 

  

Tel: 01376 559550 

Numis Securities Limited 

(Nominated Adviser & Broker) 

Oliver Hardy (Nomad)                   

Heraclis Economides    

Hannah Boros 
    

  

Tel: 0207 260 1000 

Financial Public Relations 

Camarco 

Ginny Pulbrook 

Rosie Driscoll 

                                                                                

Tel: 0203 757 4992/4981


 

Notes to Editors: 

  

Nexus is a leading provider of civil engineering infrastructure services to the UK housebuilding sector. The operating business Tamdown, is a provider of specialised civil engineering and infrastructure services, has a well-established market position having been in operation for over 45 years and counts among its customers the largest housebuilders and social housing developers.

 

This information is provided by RNS, the news service of the London Stock Exchange. RNS is approved by the Financial Conduct Authority to act as a Primary Information Provider in the United Kingdom. Terms and conditions relating to the use and distribution of this information may apply. For further information, please contact rns@lseg.com or visit www.rns.com.

RNS may use your IP address to confirm compliance with the terms and conditions, to analyse how you engage with the information contained in this communication, and to share such analysis on an anonymised basis with others as part of our commercial services. For further information about how RNS and the London Stock Exchange use the personal data you provide us, please see our Privacy Policy.
 
END
 
 
NORGZGZDDKGGFZM