FY results are in line with expectations, illustrating a tough year in many end markets. However, the group is now seeing a strong recovery across the board and order intake has increased 52% on H1 FY21. With increased activity continuing into Q1 2022 and momentum building, the group is on track to achieve the current FY22 forecasts. Development programmes are now resuming, some having been placed on hold during the pandemic. We maintain our 60p price target and anticipate that the shares should ....
