Bradda Head  Lithium exceeds targets, secures US$3 million royalty and moves closer to production. Watch the video here.

Less Ads, More Data, More Tools Register for FREE

Pin to quick picksNexus Infrastr. Share News (NEXS)

Share Price Information for Nexus Infrastr. (NEXS)

London Stock Exchange
Share Price is delayed by 15 minutes
Get Live Data
Share Price: 142.50
Bid: 135.00
Ask: 150.00
Change: 5.00 (3.64%)
Spread: 15.00 (11.111%)
Open: 141.00
High: 150.00
Low: 141.00
Prev. Close: 137.50
NEXS Live PriceLast checked at -

Watchlists are a member only feature

Login to your account

Alerts are a premium feature

Login to your account

EARNINGS UPDATES: Nexus Infrastructure swings to annual profit

Thu, 18th May 2023 13:27

(Alliance News) - The following is a round-up of updates by London-listed companies, issued on Thursday and not separately reported by Alliance News:

----------

Nexus Infrastructure PLC - Braintree, England-based provider of civil engineering infrastructure services to the UK housebuilding sector - Says Tamdown, its operational business, has continued to see improvement in its operational and commercial performance in the six months ended March 31. Company swings to a pretax profit of GBP72.3 million in the half from a loss of GBP378,000 the year prior. Revenue climbs 9.3% to GBP51.0 million from GBP46.7 million year-on-year. Declares an interim dividend of 1.0 pence per share, unchanged from the year prior. Notes that in recent weeks it has seen early indications of improvements in market conditions, with a number of housebuilders commenting on an increase in enquiries and sales conversions. Says that while this is encouraging, it is likely to take "some months" for this to be fully reflect within Tamdown.

----------

Great Western Mining Corp PLC - Nevada, US-focused gold, silver and copper project developer - Posts a widened annual loss in a year of "intense activity" in which it accelerated its exploration programme on three of its prospects. Reports a loss of EUR792,263 in 2022, widening from a loss of EUR535,960 the year prior. Total assets at year-end fall to EUR9.0 million from EUR9.3 million year-on-year. Currently has no revenue from its operations. Looking ahead, outlines three main aims for 2023. First, to get the process mill online in 2023 and producing the company's first ever revenue from the sale of gold and silver concentrates. Second, to develop a commercial gold and silver play from one or more of its prospects. Third, to see if there is a significant copper prospect on its claims beyond its current indicated and inferred resource.

----------

Ecofin Global Utilities & Infrastructure Trust PLC - Chelmsford, England-based investment trust focused on utility and infrastructure companies - Reports a net asset value per share of 212.07 pence at March 31, up from 208.14p at September 30. Total NAV per share return in the six months ended March 31 is 3.7%. In contrast, the MSCI World Index returns 6.8% over the same six month period. "The outlook for earnings and growth held up well while there was no further bad news about windfall tax and government policies. The benefits of a balanced portfolio showed through: good performance in continental Europe outweighed dual headwinds of share price weakness in North America and the strengthening of the pound against the dollar," the company says.

----------

By Heather Rydings, Alliance News senior economics reporter

Comments and questions to newsroom@alliancenews.com

Copyright 2023 Alliance News Ltd. All Rights Reserved.

More News
30 Apr 2019 13:23

Tuesday broker round-up

(Sharecast News) - Nexus: Numis downgrades to add with a target price of 165p.

Read more
29 Apr 2019 10:38

WINNERS & LOSERS SUMMARY: Ferrexpo Rebounds After Deloitte Resignation

LONDON (Alliance News) - The following stocks are the leading risers and fallers within the main London indices on Monday.----------FTSE 100 - up 2.5%. Barclays raised the advertising firm

Read more
29 Apr 2019 09:59

Nexus Warns On Annual Profit Amid Challenging Times For Tamdown

LONDON (Alliance News) - Shares in Nexus Infrastructure PLC plunged early Monday after the company warned that challenging trading in its Tamdown civil engineering business will materially reduce

Read more
29 Apr 2019 08:47

Nexus Infrastructure shares tumble amidst uncertain political backdrop

(Sharecast News) - Essential infrastructure provider Nexus saw revenues move ahead in the first half of its trading year but warned of margin pressures as a result of Brexit concerns.

Read more
10 Dec 2018 10:12

Nexus Infrastructure Annual Profit Up On Cost Cuts As Order Book Grows

LONDON (Alliance News) - Nexus Infrastructure PLC on Monday said profit was improved by cost cuts in its recently ended financial year, despite flat revenue, while a growing order book suggests a

Read more
10 Dec 2018 09:26

Nexus Infrastructure profits expand but revenue remains flat

(Sharecast News) - Nexus Infrastructure reported higher full-year profits but a lack of revenue growth, as the infrastructure, utilities and electric vehicle services company settled in to life as a listed company but was hit by client delays.

Read more
1 Nov 2018 13:23

Nexus Infrastructure Appoints Griffith Non-Executive Director

LONDON (Alliance News) - Nexus Infrastructure PLC said Thursday it appointed Ffion Griffith as non-executive director of the infrastructure services firm with immediate effect.Griffiths is

Read more
23 Oct 2018 10:55

Nexus Infrastructure Expects Annual Profit In Line With Board's Views

LONDON (Alliance News) - Nexus Infrastructure PLC said Tuesday it expects its annual profit to be in line with management's views, after recording a strong increase in its order the year ended

Read more
23 Oct 2018 10:33

Nexus Infrastructure boosted by 'significant improvement' in order book

(Sharecast News) - Nexus Infrastructure expects the full-year profits to be in line with expectations after seeing significant improvements to its order book throughout the period.

Read more
20 Jun 2018 17:31

DIRECTOR DEALINGS: Nexus Infrastructure Finance Head Buys 5,000 Shares

LONDON (Alliance News) - Nexus Infrastructure PLC said Wednesday that Chief Financial Officer Alan Martin purchased 5,000 ordinary shares at 206.8 pence per share on Wednesday.Following the

Read more
30 May 2018 11:27

Nexus Infrastructure Annual Revenue And Profit Up On Strong Order Book

LONDON (Alliance News) - Nexus Infrastructure PLC on Wednesday reported an increase in profit and revenue in the first half of its financial 2018, boosted by strong order book growth across all of

Read more
27 Apr 2018 09:33

Nexus Infrastructure Expects Interim Profit Growth, But Warns On Delay

LONDON (Alliance News) - Nexus Infrastructure PLC on Friday said it anticipates interim revenue and operating profit ahead of the prior year's, but warns on challenges in its TriConnex - which

Read more
19 Mar 2018 11:59

UPDATE 1-Nexans deputy CEO says not a candidate to replace chief executive

PARIS, March 19 (Reuters) - Pascal Portevin, the deputy chief executive of French cablemaker Nexans, said on Monday he would not be a candidate for CEO after announced he was

Read more
14 Mar 2018 12:02

European industrial stocks weather Trump tariff storm

By Danilo Masoni MILAN, March 14 (Reuters) - Investors in European industrial stocks are holding their nerve as trade threats fly back and forth across the Atlantic, a

Read more
6 Mar 2018 13:16

Nexus Infrastructure Order Book Strong, Confident On Full Year

LONDON (Alliance News) - Nexus Infrastructure PLC on Tuesday said results for the current financial year are anticipated to be in line with expectations.The company, in

Read more

Login to your account

Don't have an account? Click here to register.

Quickpicks are a member only feature

Login to your account

Don't have an account? Click here to register.