Profit and turnover on the up at Renew after acquisition

Listed engineering services firm Renew has seen a rise in profits and record interim revenues as a result of the acquisition of QTS last year. Revenues for the six months to 31 March 2019 reached £301.0m, up from £262.2m in the same period the year before. Adjusted pretax profits before amortisation reached £17.7m, up from £2.4m in its restated results for the same half-year period in 2018. Its interim dividend has been increased on the back of its performance, with an interim dividend of 3.83p (2018: 3.33p). The c... You can carry on reading TheBusinessDesk.com for free, but you have reached the maximum number of pages an unregistered user can view. To register for an account, click here or login below...
Close