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LONDON - Engineering services provider Renew Holdings plc (AIM:RNWH) reported record annual revenue of £1.12 billion for the fiscal year ended September 30, 2025, representing a 5.6% increase from the previous year, according to a company press release.
The UK-based infrastructure maintenance specialist posted adjusted operating profit of £72.1 million, up 1.7% from £70.9 million in fiscal 2024. The company’s operating margin slightly decreased to 6.5% from 6.7% a year earlier.
Renew’s order book reached a record £915 million, compared to £889 million at the end of fiscal 2024, supported by long-term framework agreements across multiple infrastructure sectors.
The company increased its full-year dividend by 5.3% to 20.0 pence per share. Pre-IFRS16 net cash stood at £6.2 million, down from £25.7 million a year earlier.
In October 2025, after the reporting period, Renew’s subsidiary Excalon acquired Emerald Power Ltd, a specialist in overhead lines maintenance for electricity networks. The company also secured a new £140 million revolving credit facility with extended terms.
Renew reported strengthened positions in several key markets, including water infrastructure, where it secured frameworks with 10 of the 12 largest water companies, up from three at the beginning of the previous investment cycle.
The company divested Walter Lilly in October 2024 to focus on its core engineering services business, while acquiring Full Circle to enter the onshore wind services market.
"Despite well-documented headwinds in specific areas, our teams have worked tirelessly to deliver another year of record revenues and operating profit alongside the successful execution of a number of our key strategic priorities," said Paul Scott, CEO of Renew, in the press release statement.
The company expressed confidence in meeting its fiscal 2026 expectations, citing positive momentum and its record order book.
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