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£31.75m
1.50p ()
53.00p
Date: Tuesday 20 May 2008
LONDON (ShareCast) - Building contractorRenew Holdings' strategy of concentrating on specialist sectors helped it shrug off concerns plaguing other property-related companies to deliver strong interim results.
Pre-tax profits climbed to £3.9m from £3.2m in the six months to 31 March as revenue climbed to £192.9m from £173m. The interim dividend rises by 66% to 1p.
“Renew continues to report improving profits resulting from our strategy to provide specialist construction services to selected robust sectors,” chairman Roy Harrison said.
“The group is strongly positioned with substantial cash resources to react quickly to market opportunities as they arise.”
Specialist building services provided by Renew include restoring high-end London properties and work with retail clients such as Tesco and Marks and Spencer.
| Currency | UK Pounds |
| Share Price | 53.00p ![]() |
| Change Today | +1.50p |
| 52 Week High | 113.50 |
| 52 Week Low | 47.50 |
| Volume | 334,900 |
| Shares Issued | 59.90m |
| Market Cap | £31.75m |
| Beta | 0.28 |
| RiskGrade | 327 |
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| Strong Buy | 0 |
| Buy | 1 |
| Neutral | 1 |
| Sell | 0 |
| Strong Sell | 0 |
| Total | 2 |

| Latest | Previous | |
|---|---|---|
| Interim | Final | |
| Ex-Div | 04-Jun-08 | 16-Jan-08 |
| Paid | 07-Jul-08 | 25-Feb-08 |
| Amount | 1.00p | 1.20p |
| Finance Director | Sandy McArthur |
| CEO | Brian May |
| Finance Director | John Samuel |