TIDMNEXS

RNS Number : 4226X

Nexus Infrastructure PLC

26 April 2023

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 18(th) May 2023.

Nexus expects Tamdown, the Group's operating business, to deliver revenue in H1 2023 of GBP50.8m (H1 2022: GBP46.7m).

Tamdown's order book was resilient at GBP85.3m as at 31 March 2023 (H1 2022: GBP88.4m) 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 GBP15.9m as at 31 March 2023.

Enquiries:

 
Nexus Infrastructure plc           Tel: 01376 559550 
 Charles Sweeney, Chief Executive 
 Officer 
 Dawn Hillman, Chief Financial 
 Officer 
Numis Securities Limited           Tel: 0207 260 1000 
 (Nominated Adviser & Broker) 
 Oliver Hardy (Nomad) 
 Heraclis Economides 
 Hannah Boros 
Financial Public Relations         Tel: 0203 757 4992/4981 
 Camarco 
 Ginny Pulbrook 
 Rosie Driscoll

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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END

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