Van Elle has announced interim results to 31 October 2023 highlighting a resilient performance despite subdued UK construction activity. Whilst the outlook for the rest of the year remains challenging overall, particularly due to low housebuilding and rail sector activity before the start of CP7, Management is confident in meeting full year expectations. The H1 2024 results provide c. 50% cover to our unchanged FY24 revenue and EBIT estimates. With green shoots emerging, we expect activity to be ....
24 Jan 2024
Van Elle Holdings plc (VANL LN) - H1 2024 results in-line, return to growth
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Van Elle Holdings plc (VANL LN) - H1 2024 results in-line, return to growth
Van Elle Holdings Plc (VANL:LON) | 33.0 0 0.0% | Mkt Cap: 35.2m
- Published:
24 Jan 2024 -
Author:
Andy Hanson -
Pages:
9
Van Elle has announced interim results to 31 October 2023 highlighting a resilient performance despite subdued UK construction activity. Whilst the outlook for the rest of the year remains challenging overall, particularly due to low housebuilding and rail sector activity before the start of CP7, Management is confident in meeting full year expectations. The H1 2024 results provide c. 50% cover to our unchanged FY24 revenue and EBIT estimates. With green shoots emerging, we expect activity to be ....