Nexus Infrastructure: new contract could signal a change in fortunes

Nexus Infrastructure (LSE:NEXS) have improved from 2.5p to 94.5p and has a £8.71m market cap after its (recent) acquisition of Coleman won its first major award under the Government's Asset Management Period 8 (AMP8) scheme. The Government scheme funds water pipe upgrades through 2030, and other contracts should follow. The Company provides essential infrastructure solutions for the utilities and housing market and reported on its FY September 2026 trading, in September.  This showed that due to the timing of project activity across both its Tamdown and Coleman divisions, revenue would be low...