VAN ELLE PLC LS -,02

For the six months to 31 October, Van Elle reported a 16% rise in revenue to £73.4m, while adjusted profit before tax from continuing operations fell to £1.9m (prior year £2.2m) and the adjusted operating margin declined to 2.8%. The Specialist Piling and Rail segments performed strongly and the group expanded its position in the energy and water sectors, while General Piling and Ground Engineering suffered in difficult market conditions. Van Elle completed its 150th high-voltage substation project, sold its Canadian operations in December 2025, and reported a net cash position of £2.8m and an order book of £44.9m (+8%). The interim dividend remains unchanged at 0.4p; management expects to meet market expectations and sees annual energy revenues of at least £40m possible from 2028. » Plus sur de.investing.com

Van Elle expects revenue of around £73 million for the six months to 31 October 2025, up 12% year-on-year, driven by stronger order volumes in General Piling and Strata Geotechnics. The company reports a robust performance despite delays to high-rise housing approvals under the Building Safety Act. Van Elle has expanded its position in the energy and water sector, including work for Wood Group and M-Group and a framework agreement with United Utilities for AMP8. Interim results are due on 26 January 2026. » Plus sur de.investing.com

Van Elle reported revenue of about £73m for the six months to 31 October 2025, up 12% year on year, driven by growth in General Piling and Strata Geotechnics. The company strengthened its position in the energy and water sectors, including work on the Beauly‑Loch Buidhe transmission project, initial projects for the M‑Group and a framework contract win with United Utilities (AMP8). Despite continued challenging market conditions from permitting delays, Van Elle expects to meet its full-year target of an adjusted pre-tax profit of £3.0m; half-year figures will follow on 26 January 2026. » Plus sur de.investing.com