Nexus Infrastructure posts strong results

Nexus Infrastructure has posted strong results and has returned to profit after difficulties in the pandemic.

Revenues grew from £125.7m to £137m and the group reported a profit of £3.8m.

- Advertisement -

 “The group has an important role to play in delivering sustainable infrastructure for the UK.  We have achieved a strong recovery from Covid-19, delivering profitable growth, reinstating the dividend whilst making excellent progress on strategy,” said chief executive, Mike Morris.

Although Nexus has made way to recovery, there is a way to go before it surpasses 2019 results where revenues were £155.1m.

Following the full-year results, shares increased 1.29% on Friday morning.

Latest News

More Articles Like This

[td_block_15 category_id="58276" f_header_font_family="450" f_ajax_font_family="450" f_more_font_family="450" mx4f_title_font_family="450" mx4f_cat_font_family="450" mx4f_title_font_weight="600"]