Trading "well ahead" at engineering services group

RENEW, the engineering services group supporting UK infrastructure, today said trading for the first half of the year has been strong and well ahead of the comparative position last year.

The Leeds-based group announced an update on trading ahead of its interim results and said: “Performance is being driven by growth in all of our Engineering Services markets but particular so in Infrastructure where our Rail business is continuing to experience record levels of activity. Specialist Building is performing in line with expectations.”
 
The board said it also anticipates reporting an increased forward order book and strong cash generation.