Nexus Infrastructure operating loss widens on housing downturn

7th Mar 2024 12:43

(Sharecast News) - Nexus Infrastructure reported continuing revenue of £88.7m in its preliminary results on Thursday, down from £98.4m in the prior year, attributed to broader economic challenges and a slowdown in housebuilding activity.

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Nexus Infrastructure FY trading impacted by 'challenging market conditions'

3rd Oct 2023 10:40

(Sharecast News) - Civil engineering group Nexus Infrastructure said on Tuesday that it was currently navigating "challenging market conditions" and now sees its full-year performance coming in lower than previous expectations.

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Nexus Infrastructure flags strong growth in year just ended

26th Oct 2022 14:21

(Sharecast News) - Energy specialist Nexus Infrastructure said in a trading update on Wednesday that it expected to deliver group revenues of £173m for the year just ended, up from £138m year-on-year.

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Nexus warns on revenues amid 'frustrating' delays

9th Aug 2022 09:39

(Sharecast News) - Sustainable infrastructure group Nexus warned on full-year revenues on Tuesday as the group stated it has suffered "frustrating" delays in the conversion of its eSmart Networks order book to revenue.

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Nexus Infrastructure confident after first-half revenue growth

8th Jun 2022 13:31

(Sharecast News) - Sustainable infrastructure company Nexus reported first-half group revenue of £80.3m in its interim results on Wednesday, up from £63.7m year-on-year.

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Nexus Infrastructure sells, leases back new head office

4th Apr 2022 12:21

(Sharecast News) - Nexus Infrastructure announced the sale-and-leaseback of its head office building Nexus Park on Monday.

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Nexus Infrastructure sees order growth across business

15th Feb 2022 13:29

(Sharecast News) - Nexus Infrastructure said in an update on Tuesday that the "fundamental growth drivers" for its business were positive.

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Nexus Infrastructure revenues improve in full year

22nd Oct 2021 10:05

(Sharecast News) - Infrastructure and utility service provider Nexus Infrastructure said in a trading update on Friday that it expects to deliver group revenues of £138m for the year ended 30 September, up from £125.7m a year earlier.

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Nexus Infrastructure performs as expected in first half

21st Apr 2021 11:21

(Sharecast News) - Utilities and smart energy infrastructure provider Nexus Infrastructure said it performed in line with its expectations in its first half on Wednesday, with all three divisions active on-site and winning new business.

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Nexus Infrastructure growth drivers remain 'positive' amid pandemic

16th Feb 2021 07:44

(Sharecast News) - Infrastructure services group Nexus said on Tuesday that while the Covid-19 pandemic continued to cause "general economic uncertainty", fundamental market growth drivers remained "positive".

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Nexus Infrastructure expecting smaller loss as markets slowly recover

23rd Oct 2020 11:41

(Sharecast News) - Infrastructure services company Nexus Infrastructure updated the market on its full-year of trading on Friday, reporting that trading in the second half was "severely impacted" by the Covid-19 pandemic.

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Nexus Infrastructure raises £10m via placing

12th Jun 2020 09:51

(Sharecast News) - Infrastructure services provider Nexus revealed on Friday that it has raised gross proceeds of £10m via a placing of 7.14m new ordinary shares.

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Nexus Infrastructure CEO waives salary as co pulls guidance

21st Apr 2020 08:58

(Sharecast News) - Infrastructure services firm Nexus said its chief executive would take no salary and staff furloughed as a result of the Covid-19 pandemic.

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Nexus Infrastructure profit dives amid margin pressure

10th Dec 2019 10:16

(Sharecast News) - Nexus Infrastructure on Tuesday reported a slump in full year profits as delays and pricing pressure saw higher costs overshadow revenue growth.

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Nexus on track to meet FY expectations as divisional revenues increase

23rd Oct 2019 09:48

(Sharecast News) - Infrastructure services provider Nexus said on Wednesday that full-year profits should be in line with market expectations as the underlying demand in the UK housing market looked set to remain strong.

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