NEXUS INFRASTRUCTURE PLC-Notice of Results

NEXUS INFRASTRUCTURE PLC-Notice of Results

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: 

Nexus Infrastructure plc

Charles Sweeney, Chief Executive Officer

Dawn Hillman, Chief Financial Officer

Tel: 01376 559550

Numis Securities Limited

(Nominated Adviser & Broker)

Oliver Hardy (Nomad)

Heraclis Economides

Hannah Boros

Tel: 0207 260 1000

Financial Public Relations

Camarco

Ginny Pulbrook

Rosie Driscoll

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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