Leeds-based engineering services group Renew Holdings plc said it would report better-than-expected results for the financial year just ended. 

The company, which provides maintenance and renewal of critical UK infrastructure, said it expected to report annual adjusted revenue and operating profit ahead of market consensus of £1.081 billion and £70.1 million respectively. 

It said operating margins are expected to be within the range previously stated, at 6% to 7%. 

“The Group expects to report strong organic growth in the year and the momentum into the new financial year is underpinned by a robust order book which benefits from the UK’s committed infrastructure spending programmes and to client’s long-term operating budgets,” it said in a statement.

The company’s preliminary results for the year ended 30 September will be announced on 26 November.