Renew chairman Roy Harrison said: “Trading for the first quarter of the year has been strong and well ahead of the comparative position last year.
“In Specialist Engineering, a strong performance has been seen in all markets but particularly so in Infrastructure where our Rail business has been experiencing record levels of activity. In the Environmental market, Lewis, the water subsidiary based near Cardiff which was acquired in August 2013, is performing ahead of expectations, as is Seymour, our water business in the North East. In Energy, revenue in Nuclear has also been at record levels.
He added: “In Specialist Building, our businesses in High Quality Residential and New Build Affordable Housing have both performed in line with expectations and potential future work lists continue to offer excellent opportunities.”
The group order book at 31 December 2013 stood at £433m (31 Dec 2012: £340m). The Engineering Services order book stood at £306m, up 25% on the £245m of a year before.
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