17 January 2024 - trading update

The UK construction group has announced a trading update covering the first half of its financial year and this has confirmed that the six months to 31 December saw strong momentum with trading ahead of the same period in 2022.  Perhaps more importantly, trading is also ahead of management expectations even though these were only increased in September when the full year results were announced.  There is also good visibility of second half revenues and the company now expects full year revenues to be 5% ahead of expectations with adjusted pre-tax profits also expected . . .

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