REG - Nexus Infrastructure - HY26 trading update and notice of results

Nexus InfrastructureAnnouncement

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RNS Number : 1064C  Nexus Infrastructure PLC  28 April 2026

28 April 2026

Nexus Infrastructure plc

("Nexus" or the "Group")

 

HY26 trading update and notice of results

 

Nexus Infrastructure plc (AIM: NEXS), a leading provider of essential
infrastructure solutions, announces an update on trading for the six months
ended 31 March 2026 (HY26).

 

During HY26, early signs of a modest recovery in market conditions were
impacted by growing tensions and the subsequent conflict in the Middle East.

 

Nevertheless, Nexus expects to report revenue in line with management
expectations of £32.2m for HY26, an increase of 6.6% on HY25. The Group's
balance sheet remains strong with cash and cash equivalents of £8.5m (HY25:
£9.6m).

 

Tamdown continued its growth trajectory, delivering an improved performance in
HY26. Although site operations were curtailed by an unusually wet winter,
activities ramped up significantly thereafter, reaching high levels of cadence
by period end. In addition, there were successes in securing new contracts,
resulting in a further increase to the order book, which ended HY26 at £87.9m
(HY25: £80.8m).

 

Coleman, active in both the water and rail sectors, also delivered an
improvement in performance. As previously mentioned, AMP8 work has been slow
to start though some early-phase projects are now underway and are expected to
build momentum in the latter part of the financial year.

 

Charles Sweeney, Chief Executive of Nexus, commented: "We have continued to
grow and make good progress against our strategic objectives, despite a
challenging market backdrop. Tamdown maintained its upward trajectory, and in
addition secured new contracts to further enhance its order book.  Coleman
performance also improved. Whilst AMP8 has been slower to commence than
initially anticipated, we have been encouraged by the early-stage activity now
underway and expect this to build later in the year.

 

"Nexus is well placed as we head into the second half of the year, though we
are mindful of the potential future impact of the ongoing conflict in the
Middle East."

 

Notice of Half Year Results

The Group will announce its results for the six months ended 31 March 2026 on
Thursday, 14 May 2026.

 

 

For more information, please contact:

 Nexus Infrastructure plc                               via Alma
 Charles Sweeney, Chief Executive Officer               nexus@almastrategic.com
 Dawn Hillman, Chief Financial Officer

 Zeus (Nominated Adviser and Sole Broker)               Tel: 020 3829 5000
 James Hornigold, Antonio Bossi (Investment Banking)
 Dominic King (Corporate Broking)

 Alma Strategic Communications                          Tel: 0203 405 0205
 Justine James                                          nexus@almastrategic.com
 Hannah Campbell
 Will Merison

 

Notes to Editors

 

Nexus is a leading provider of civil engineering infrastructure solutions
through its two subsidiaries: Tamdown Group Limited (Tamdown) and Coleman
Construction & Utilities Limited (Coleman).

 

Tamdown provides a range of civil engineering and infrastructure solutions to
the UK housebuilding sector, with operations focused on the South-East of
England. It has an established market-leading position, and is proud to be
celebrating its 50(th) year in 2026.

 

Coleman delivers civil engineering and building projects in the water, rail,
highways and rivers & marine sectors. Since its foundation in 2000, the
business has grown based on a reputation for quality of service and customer
satisfaction.

 
www.nexus-infrastructure.com
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