Leeds-based engineering services and infrastructure group Renew Holdings plc said it delivered a record first-half performance as revenue rose 3.5% to £589 million, profit before tax increased 8.6% to £25.5 million and interim dividend climbed +4.9% to 7p per share.
In its interim results for the six months ended March 31, 2026, Renew also reported a record group order book of £945 million.
“In Rail, we have continued to leverage our increasingly diversified offering to capitalise on growing maintenance spend while retaining our position as Network Rail’s largest supplier of infrastructure services,” said the Leeds firm.
“In Water, we have secured our strongest position yet, with record levels of activity across a number of our water regions.
“Increasing levels of intergroup collaboration remains a clear differentiator, unlocking new routes to market for our brands.
“Successfully completed the acquisition of Emerald Power in October 2025, with integration progressing well and expanding Renew’s capabilities in the fast-growing overhead line maintenance and repair market.”
Renew CEO Paul Scott said: “I am pleased to report that we have delivered another record performance during the first half of the year, providing momentum as we continue to execute against our ambitious long-term growth strategy. Once again, the Group’s sustained success is testament to the hard work, commitment and dedication of our colleagues and I would like to thank them all for their continued efforts.
“The past six months have demonstrated the strength of our increasingly diversified business model which, combined with further intergroup collaboration and innovation, leaves us well placed to capitalise on the significant opportunities available to us across the Group. We have seen strong demand across our four pureplay engineering sectors, successfully winning a number of new frameworks and further consolidating our leading positions in each of our end markets.
“Post-period end, we were pleased to report further strategic progress through the acquisitions of EDS and PWR-X, which broaden our capabilities and open new routes to market in the exciting specialist water and power sectors.
“With a record order book afforded to us by highly visible, committed, long-term spending cycles, we remain confident in continuing on this growth trajectory and we look forward to delivering against our full year expectations.”