REG - Nexus Infrastructure - FY25 Trading Update

Nexus InfrastructureAnnouncement

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RNS Number : 4582E  Nexus Infrastructure PLC  23 October 2025

23 October 2025

Nexus Infrastructure plc

("Nexus" or the "Group")

 

FY25 Trading Update

 

 

Nexus (AIM: NEXS), a leading provider of essential infrastructure solutions,
provides an update on trading for the year ended 30 September 2025 ("FY25").

 

 ·             The Group expects to report an approximate 16% increase in revenue to £65.9m
               for the year ended 30 September 2025, up from £56.7m in FY24
 ·             Tamdown's order book at year-end was significantly up by 62% to £83.4m (FY24:
               £51.5m), in spite of the current challenges in the housebuilding sector
 ·             Coleman has integrated seamlessly into the Group, with operations,
               predominantly within the water and rail sectors, contributing positively to
               Group margins. The business is well positioned for the start of AMP8 and the
               anticipated growth in activity is expected to follow throughout FY26
 ·             During FY25, the Group continued to maintain its focus on improving
               operational performance and managing its cost base, and as a result expects to
               report a reduced loss before tax
 ·             Strong balance sheet with a cash balance of £10.9m (FY24: £12.8m), which is
               after a total consideration of £4.1m (including the settlement of inter
               company loans) paid for the acquisition of Coleman. The Group has also
               achieved a reduction in trade debtors and retentions

 

Outlook

 

The housebuilding sector has seen a modest increase in activity over the last
12 months - but a sizeable gap is still to be bridged before the sector will
achieve the levels of output required. The UK Government remains committed to
its ambitious targets for housebuilding and is continuing to bring forward
initiatives to encourage growth. The timing and the pace of the recovery are
less certain, but the fundamental drivers provide the foundations for
confidence in the sector prospects for the years ahead.

 

In order to meet the challenges of climate change (floods and droughts),
environmental protection (sewage spillages), population growth and technology
changes (increases in volume demands), and the need to reduce leakages (aging
infrastructure) the water companies will expend in excess of £104bn* during
the AMP8 programme of works, running through to 2030. This is a significant
increase on the previous AMP7 programme.   Coleman has a wealth of
experience in the water sector and is very well placed to benefit from the
coming release of AMP8 works during FY26 and beyond.

Charles Sweeney, Chief Executive of Nexus, commented: "At the end of FY23, we
set out our three strategic objectives to stabilise operations and to plot a
new path for the Group, re-introducing growth and begin the journey back to
profitability. Since then, we have experienced some challenging market
conditions, but we have grown, our margins have continued to improve, and our
order book has significantly increased over that 24-month period from £46.0m
to £51.5m and now to £83.4m. There is still some way to go, but we remain on
track and look forward to the opportunities ahead."

 

*As a result of the recent CMA review, the £104bn announced by Ofwat in Dec
2024 will be marginally increased.

 

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
 Antonio Bossi, James Hornigold (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 and London. It has an established market-leading position, having been
in operation for over 49 years.

 

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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