Engineering Services firm Renew Holdings plc (RNWH.L) reported Tuesday that its fiscal 2024 profit before tax grew 6 percent to 60.2 million pounds from last year's 56.8 million pounds.
Adjusted earnings per share were 65.9 pence, compared to 62.3 pence last year.
Group revenue increased 19.1 percent to 1.06 billion pounds from prior year's 887.6 million pounds, with organic growth of 16.6 percent.
Further, the company's Board proposed a final dividend of 12.67p per share, higher than 12 pence last year. The full-year dividend would be 19.00p, an increase of 5.6 percent from last year reflecting the strong trading performance, forward momentum and the Board's positive outlook.
Looking ahead, the company reported strong order book moving into 2025.
Paul Scott, CEO of Renew, said, "The start of new control periods in our largest sectors along with access to new market sectors marks a particularly exciting milestone for the Group and I am confident we are entering FY25 well placed to deliver on our ambitious long term growth strategy."
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