Wednesday 26 April 2023
Nexus Infrastructure plc
("Nexus" or the "Group")
Notice of Results
Nexus Infrastructure plc (AIM:NEXS), a market-leading provider of civil engineering infrastructure services to the UK housebuilding sector, is pleased to confirm it will announce results for the six months ended 31 March 2023 on Thursday 18th May 2023.
Nexus expects Tamdown, the Group's operating business, to deliver revenue in H1 2023 of £50.8m (H1 2022: £46.7m).
Tamdown's order book was resilient at £85.3m as at 31 March 2023 (H1 2022: £88.4m) with good progress being made in the period on work winning and delivering on site for customers despite macro-economic headwinds.
The Group's balance sheet is strong with cash and cash equivalents of £15.9m as at 31 March 2023.
Enquiries:
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Nexus Infrastructure plc Charles Sweeney, Chief Executive Officer Dawn Hillman, Chief Financial Officer
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Tel: 01376 559550 |
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Numis Securities Limited (Nominated Adviser & Broker) Oliver Hardy (Nomad) Heraclis Economides Hannah Boros
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Tel: 0207 260 1000 |
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Financial Public Relations Camarco Ginny Pulbrook Rosie Driscoll
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Tel: 0203 757 4992/4981 |
Notes to Editors:
Nexus is a leading provider of civil engineering infrastructure services to the UK housebuilding sector. The operating business Tamdown, is a provider of specialised civil engineering and infrastructure services, has a well-established market position having been in operation for over 45 years and counts among its customers the largest housebuilders and social housing developers.
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