StockMarketWire.com - Services provider Nexus Infrastructure posted a modest rise in adjusted annual profit as a slight fall in revenue was offset by improved margins.

Pre-tax profit for the year through September grew 25% to £9.2m, as revenue fell 0.1% to £134.9m.

Adjusted profit, which strips out one-off gains and losses, rose 1.1% to £9.4m.

The company declared a full-year dividend of 6.6p, up 4.8% on-year.

'We are reporting today full year profits in line with our expectations and continued good strategic progress,' chief executive Mike Morris said.

'Looking ahead, whilst there is continued general uncertainty posed by the forthcoming exit from the EU, the fundamental market growth drivers for our business are positive.'




At 8:37am: [LON:NEXS] Nexus Infrastructure Plc share price was 0p at 181p



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