StockMarketWire.com - Engineering services group Renew said it expected its full-year results to be in line with market expectations.

In a trading update for the year through September, the company also confirmed that its results would reflect a full-year contribution from the acquisition of QTS.

'In engineering services, we have strengthened our position in all of our market sectors and we expect to report good organic growth and a strong order book which reflects our solid foundation of long-term framework contracts,' Renew said.

'In rail, we have commenced operations in the first year of the new control period, where we are pleased to report that activity levels are in line with our forecasts and momentum is growing as expected.'

Net debt as at 30 September 2019 was anticipated to be between £10m and £11m.




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