Renew, Leeds engineering firm, reports £861m orders

Leeds-based engineering services and infrastructure group Renew Holdings announced its order book at December 31, 2022, was £861 million, up from £742 million a year earlier.

In an AGM statement, Renew Holdings chairman David Brown said: “Trading for the first quarter of the year has continued in line with the board’s expectations.

“The group order book at 31 December 2022 was £861m (31 December 2021: £742m). The Engineering Services order book stood at £758m (31 December 2021: £687m).

“We are pleased with the momentum within the group.

“This, combined with the structural growth drivers in our regulated infrastructure markets, give us confidence in the year ahead.”

On November 29, 2022, Renew Holdings announced its revenue rose 7.3% to £849 million in the year ended September 30, 2022, and profit before tax increased 21.4% to £49.5 million.

Full year dividend rose 6.3% to 17p.