Renew Holdings has a forward order book of 拢200m and a net cash balance of over 拢13m, chairman Roy Harrison told the Group's Annual General Meeting to be held today.
"Trading for the first quarter of the year has been satisfactory, despite still challenging聽 market聽 conditions,鈥� he said.
鈥淭he order book at 31 December 2009, not including the potential benefits from framework agreements or preferred bidder situations, remained strong at 拢200m.聽聽
鈥淩enew remains debt free with available cash resources and, at 31 December 2009, the Group's net cash balance was in excess of 拢13m.鈥�
The Group's interim results will be announced on Tuesday 25 May 2010.
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